196-57 69th Ave UNIT 1Fresh MeadowsNY11365
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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 196-57 69th Ave UNIT 1, Fresh Meadows, NY, 11365 earns $123/mo cash flow from $1,719/mo rent with a $1,170/mo payment. Total monthly income totals $1,719/mo, and annual cash flow totals $1,473/yr on $79,229 capital. ROI tracks 21.77% on current figures, and rental yield reads 8.63% at a $239,000 purchase. Equity gained on principal adds $1,542/yr, and 5% annual appreciation supports $66,031 over five years. Five-year ROI reaches 113.46% and total cumulative return in cash sums $89,892. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,719/mo property income instead of your personal income.
Condo
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11365, Fresh Meadows, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,014 (100%) |
| Owner Occupied HU | 6,407 (40.0%) |
| Renter Occupied HU | 8,958 (55.9%) |
| Vacant Housing Units | 649 ( 4.1%) |
| Median Home Value | $911,484 |
| Average Home Value | $962,059 |
Housing Distribution
Address Breakdown
Residential
15,102
Single Family
7,926
Multi-Family
7,176
Businesses
560
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Listed by: George Herrera • Keller Williams Realty Landmark II
Mls Name: StreetEasy
Mls ID: #S1794817