147-16 Rockaway Beach BlvdRockaway ParkNY11694
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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 Rockaway Park at 147-16 Rockaway Beach Blvd, Rockaway Park, NY, 11694 at $1,975,000 posts ROI 12.57% with from $9,028/mo rent. Total monthly income equals $9,028/mo. Return on cash invested measures 12.57% and rental yield reads 5.49% at the current $1,975,000. Equity gained on principal adds $12,744/yr, and 5% annual appreciation supports $545,656 by year five. Five-year ROI prints 64.02% and total cumulative return in cash totals $409,686. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $9,028/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1960
8,026 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
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Listed by: Annette Farina • Belle Harbor Realty
Mls Name: BNYMLS
Mls ID: #495542