151-151 113th St #4FForest HillsNY11375
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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 Forest Hills at 151-151 113th St #4F, Forest Hills, NY, 11375 earns $104/mo cash flow from $1,539/mo rent with a $1,052/mo payment. Total monthly income totals $1,539/mo, and annual cash flow totals $1,243/yr on $71,273 capital. ROI tracks 21.65% on current figures, and rental yield reads 8.59% at a $215,000 purchase. Equity gained on principal adds $1,387/yr, and 5% annual appreciation supports $59,401 over five years. Five-year ROI reaches 112.86% and total cumulative return in cash sums $80,437. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,539/mo property income instead of your personal income.
Condo
Built in 1960
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11375, Forest Hills, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 35,178 (100%) |
| Owner Occupied HU | 16,568 (47.1%) |
| Renter Occupied HU | 16,416 (46.7%) |
| Vacant Housing Units | 2,194 ( 6.2%) |
| Median Home Value | $816,287 |
| Average Home Value | $887,843 |
Housing Distribution
Address Breakdown
Residential
33,668
Single Family
6,622
Multi-Family
27,046
Businesses
1,853
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Listed by: Maria Jose Alcivar CBR • EXP Realty
Mls Name: eXp Realty
Mls ID: #926479