204-15 Foothill Avenue #A63HollisNY11423
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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 204-15 Foothill Avenue #A63, Hollis, NY, 11423 earns $1,309/mo cash flow from $2,905/mo rent with a $1,170/mo payment. Total monthly income totals $2,905/mo, and annual cash flow totals $15,705/yr on $79,229 capital. ROI tracks 39.73% on current figures, and rental yield reads 14.59% 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 209.8% and total cumulative return in cash sums $166,224. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,905/mo property income instead of your personal income.
Condo
Built in 1953
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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