164-33 77th AveFresh MeadowsNY11366
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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 Fresh Meadows at 164-33 77th Ave, Fresh Meadows, NY, 11366 uses $340,200 cash to close to unlock $630/yr annual cash flow and $53/mo monthly cash flow. Total monthly income runs $7,064/mo, and a $5,139/mo payment keeps the spread at $53/mo. Purchase price stands at $1,050,000, and rental yield measures 8.07% with $7,064/mo rent. Return on cash invested shows 20.56% in year one, and 5% annual appreciation builds toward $290,096 over five years. Five-year ROI reaches 106.87% and total cumulative return in cash records $363,557. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $7,064/mo property income covering a $5,139/mo payment rather than investor’s personal income.
Single Family
Built in 1930
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11366, Fresh Meadows, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,761 (100%) |
| Owner Occupied HU | 2,936 (61.7%) |
| Renter Occupied HU | 1,548 (32.5%) |
| Vacant Housing Units | 277 ( 5.8%) |
| Median Home Value | $942,430 |
| Average Home Value | $1,007,801 |
Housing Distribution
Address Breakdown
Residential
4,367
Single Family
3,858
Multi-Family
509
Businesses
489
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Listed by: Peter Murdakhayev - Licensed Associate Real Estate Broker • Winzone Realty Inc
Mls Name: StreetEasy
Mls ID: #1720161