14642 184th Street, Springfield Gardens, NY, 11413 | 3.3% Rental Yield | Ziffy
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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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NMLS #2625701
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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
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Investment Highlights

Rental property for sale in Springfield Gardens at 14642 184th Street, Springfield Gardens, NY, 11413 generates $3,821/mo in rent, after a $6,798/mo payment. Total monthly income is $3,821/mo. Return on cash invested sits at 5.83% in year one, and rental yield is 3.3% on a $1,389,000 entry. Equity gained on principal adds $8,963/yr, while 5% annual appreciation builds toward $383,755 over five years. Five-year ROI reaches 27.88% and total cumulative return in cash sums $125,470. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,821/mo property income rather than buyer’s personal income.

Multi Family

Built in 1935

3,600 sqft lot

$N/A/sqft

No HOA

More details about the property

Stunningly Fully Renovated / Rebuilt Two Family Home, Where Modern Elegance Meets Todays Functionality. Each Unit Boast Three Spacious Bedrooms & Two Full Baths, Including A Master Suite With A Private Bath. The Open Concept Layout Is Enhanced By Modern Finishes And Hardwood Flooring Creating A Warm And Inviting Atmosphere. The Kitchens Are Equipped With Stainless Steel Appliances. A Fully Finished Basement With A Full Bath, Laundry Hook- Up & An Outside Entrance. Enjoy The Convenience Of A Wide Private Driveway Making For Ample Parking. This Home Is Located Close To All Conveniences. Would Not Last !

Neighborhood Data

Neighborhood data shown for ZIP Code: 11413, Springfield Gardens, NY area.

Housing Distribution

Housing Statistics

CategoryValue
Total HU (Housing Units)13,696 (100%)
Owner Occupied HU8,693 (63.5%)
Renter Occupied HU4,343 (31.7%)
Vacant Housing Units660 ( 4.8%)
Median Home Value$658,579
Average Home Value$700,669

Address Breakdown

Residential

10,635

Single Family

10,491

Multi-Family

144

Businesses

695

Price History

Date

Event

Price

No price history data available

Tax History

Date

Tax Paid

Tax Increase Rate

Value

Value Increase Rate

No tax history data available
Loan officer
Loan officer
Loan officer
Powered by
Ziffy Mortgage
NMLS #2625701
Get Pre-Approved

Facts & Features

General Information

  • Type: MultiFamily
  • Year Built: 1935
  • Architectural Style: N/A
  • Building Area: N/A
  • Living Area: N/A
  • Property Condition: N/A

Features & Amenities

  • Heating: N/A
  • Cooling: N/A
  • Flooring: N/A
  • Interior Features: N/A
  • Exterior Features: N/A
  • Parking Features: Driveway

Location

HOA & Fees

  • HOA Fee: N/A
  • Association Fee: N/A
  • Fees & Dues: N/A
  • Association Amenities: N/A
  • Association Fee Includes: N/A

Utilities

  • Utilities: N/A
  • Sewer: N/A
  • Water Source: N/A
  • Road Surface Type: N/A

School Information

  • Elementary School: N/A
  • Middle School: N/A
  • High School: N/A

Listed by: Fizool Baksh • Elite Realty of USA Inc 

Mls Name: OneKey MLS

Mls ID: #931838

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