144 Beach 5th StFar RockawayNY11691
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
Investment property for sale in Far Rockaway at 144 Beach 5th St, Far Rockaway, NY, 11691 earns from $7,310/mo rent with a $6,517/mo payment. Total monthly income totals $7,310/mo. ROI tracks 15.97% on current figures, and rental yield reads 6.59% at a $1,331,400 purchase. Equity gained on principal adds $8,591/yr, and 5% annual appreciation supports $367,841 over five years. Five-year ROI reaches 82.28% and total cumulative return in cash sums $354,946. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $7,310/mo property income instead of your personal income.
Multi Family
Built in 2016
2,039 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11691, Far Rockaway, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,618 (100%) |
| Owner Occupied HU | 5,020 (21.3%) |
| Renter Occupied HU | 17,299 (73.2%) |
| Vacant Housing Units | 1,299 ( 5.5%) |
| Median Home Value | $689,409 |
| Average Home Value | $749,322 |
Housing Distribution
Address Breakdown
Residential
20,297
Single Family
7,945
Multi-Family
12,352
Businesses
623
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