2 Dartmouth St APT M25Forest Hills GardensNY11375
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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 Forest Hills Gardens at 2 Dartmouth St APT M25, Forest Hills Gardens, NY, 11375 with 5% annual appreciation on a $275,000 basis while $2,636/mo rent supports operations. Total monthly income totals $2,636/mo and a $1,346/mo payment preserves $800/mo for cash returns. Annual cash flow comes to $9,595/yr on $91,163 deployed, and return on cash invested reaches 30.43% in year one. Equity gained on principal adds $1,775/yr, and five-year appreciation sums $75,977 alongside rental yield of 11.5%. Five-year ROI measures 159.95% and total cumulative return in cash totals $145,811.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,636/mo property income versus a $1,346/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 1920
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11375, Forest Hills, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 35,178 (100%) |
| Owner Occupied HU | 16,568 (47.1%) |
| Renter Occupied HU | 16,416 (46.7%) |
| Vacant Housing Units | 2,194 ( 6.2%) |
| Median Home Value | $816,287 |
| Average Home Value | $887,843 |
Housing Distribution
Address Breakdown
Residential
33,668
Single Family
6,622
Multi-Family
27,046
Businesses
1,853
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Listed by: James Navarrete • Terrace Sotheby's International Realty
Mls Name: StreetEasy
Mls ID: #S1781474