208-12 53 AvenueOakland GardensNY11364
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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 Oakland Gardens at 208-12 53 Avenue, Oakland Gardens, NY, 11364 earns from $5,280/mo rent with a $8,321/mo payment. Total monthly income totals $5,280/mo. ROI tracks 7.14% on current figures, and rental yield reads 3.73% at a $1,700,000 purchase. Equity gained on principal adds $10,970/yr, and 5% annual appreciation supports $469,679 over five years. Five-year ROI reaches 34.93% and total cumulative return in cash sums $192,379. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,280/mo property income instead of your personal income.
Multi Family
Built in 1953
4,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11364, Oakland Gardens, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,934 (100%) |
| Owner Occupied HU | 9,197 (66.0%) |
| Renter Occupied HU | 4,149 (29.8%) |
| Vacant Housing Units | 588 ( 4.2%) |
| Median Home Value | $771,586 |
| Average Home Value | $758,637 |
Housing Distribution
Address Breakdown
Residential
12,823
Single Family
10,449
Multi-Family
2,374
Businesses
441
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Listed by: James S. Powers • Tapestry Real Estate of Queens
Mls Name: OneKey MLS
Mls ID: #929850