19-64 76th StEast ElmhurstNY11370
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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 East Elmhurst at 19-64 76th St, East Elmhurst, NY, 11370 uses $262,542 cash to close to unlock $23,075/yr annual cash flow and $1,923/mo monthly cash flow. Total monthly income runs $7,252/mo, and a $3,906/mo payment keeps the spread at $1,923/mo. Purchase price stands at $798,000, and rental yield measures 10.91% with $7,252/mo rent. Return on cash invested shows 28.85% in year one, and 5% annual appreciation builds toward $220,473 over five years. Five-year ROI reaches 151.39% and total cumulative return in cash records $397,468. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $7,252/mo property income covering a $3,906/mo payment rather than investor’s personal income.
Single Family
Built in 1955
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11370, East Elmhurst, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,647 (100%) |
| Owner Occupied HU | 4,231 (39.7%) |
| Renter Occupied HU | 5,718 (53.7%) |
| Vacant Housing Units | 698 ( 6.6%) |
| Median Home Value | $876,118 |
| Average Home Value | $926,655 |
Housing Distribution
Address Breakdown
Residential
6,719
Single Family
5,323
Multi-Family
1,396
Businesses
254
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Listed by: Nora Avalos - Licensed Real Estate Broker • NY Superior Realty
Mls Name: StreetEasy
Mls ID: #1724415