199-23 Keno Ave Unit PenthouseHollisNY11423
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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 Hollis at 199-23 Keno Ave Unit Penthouse, Hollis, NY, 11423 with 5% annual appreciation on a $1,688,888 basis while $7,354/mo rent supports operations. 76% in year one. Equity gained on principal adds $10,898/yr, and five-year appreciation sums $466,609 alongside rental yield of 5.23%. Five-year ROI measures 59.73% and total cumulative return in cash totals $326,854. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $7,354/mo property income versus a $8,266/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1955
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11423, Hollis, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,462 (100%) |
| Owner Occupied HU | 5,444 (52.0%) |
| Renter Occupied HU | 4,569 (43.7%) |
| Vacant Housing Units | 449 ( 4.3%) |
| Median Home Value | $712,709 |
| Average Home Value | $771,654 |
Housing Distribution
Address Breakdown
Residential
7,900
Single Family
5,545
Multi-Family
2,355
Businesses
519
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