142-20 84 Drive #4DQueensNY11435
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Queens at 142-20 84 Drive #4D, Queens, NY, 11435 offers a 9.13% rental yield on a $349,000 purchase with $2,656/mo rent. Total monthly income registers $2,656/mo, and a $1,708/mo payment leaves $326/mo available for distribution. Annual cash flow reaches $3,907/yr on $115,694 to close, and return on cash invested stands at 23.29% in year one. Equity gained on principal adds $2,252/yr while 5% annual appreciation supports $96,422 over five years. Portfolio math shows five-year ROI at 121.6% and total cumulative return in cash at $140,688. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,656/mo property income against a $1,708/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1949
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11435, Jamaica, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,638 (100%) |
| Owner Occupied HU | 6,697 (31.0%) |
| Renter Occupied HU | 13,332 (61.6%) |
| Vacant Housing Units | 1,609 ( 7.4%) |
| Median Home Value | $634,231 |
| Average Home Value | $680,680 |
Housing Distribution
Address Breakdown
Residential
17,432
Single Family
6,269
Multi-Family
11,163
Businesses
1,155
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