170 124th BchRockaway ParkNY11694
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 Rockaway Park at 170 124th Bch, Rockaway Park, NY, 11694 earns $92/mo cash flow from $4,766/mo rent with a $3,426/mo payment. Total monthly income totals $4,766/mo, and annual cash flow totals $1,100/yr on $230,300 capital. ROI tracks 20.54% on current figures, and rental yield reads 8.17% at a $699,999 purchase. Equity gained on principal adds $4,517/yr, and 5% annual appreciation supports $193,397 over five years. Five-year ROI reaches 106.82% and total cumulative return in cash sums $246,015. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,766/mo property income instead of your personal income.
Multi Family
Built in 1925
N/A 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Davidson Joseph • Keller Williams Realty of Greater Nassau
Mls Name: StreetEasy
Mls ID: #S1784947