14316 Cronston AveFar RockawayNY11694
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Rental property for sale in Far Rockaway at 14316 Cronston Ave, Far Rockaway, NY, 11694 generates $6,511/mo in rent, after a $6,904/mo payment. Total monthly income is $6,511/mo. Return on cash invested sits at 12.73% in year one, and rental yield is 5.54% on a $1,410,500 entry. Equity gained on principal adds $9,102/yr, while 5% annual appreciation builds toward $389,695 over five years. Five-year ROI reaches 64.92% and total cumulative return in cash sums $296,692. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $6,511/mo property income rather than buyer’s personal income.
Single Family
Built in 1920
2,423 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11694, Rockaway Park, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,895 (100%) |
| Owner Occupied HU | 3,917 (44.0%) |
| Renter Occupied HU | 3,961 (44.5%) |
| Vacant Housing Units | 1,017 (11.4%) |
| Median Home Value | $886,014 |
| Average Home Value | $919,362 |
Housing Distribution
Address Breakdown
Residential
7,768
Single Family
4,451
Multi-Family
3,317
Businesses
381
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A