209-30 111th RdQueens VillageNY11429
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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
Rental property for sale in Queens Village at 209-30 111th Rd, Queens Village, NY, 11429 generates $4,190/mo in rent, after a $3,793/mo payment. Total monthly income is $4,190/mo. Return on cash invested sits at 15.42% in year one, and rental yield is 6.49% on a $775,000 entry. Equity gained on principal adds $5,001/yr, while 5% annual appreciation builds toward $214,118 over five years. Five-year ROI reaches 79.4% and total cumulative return in cash sums $202,447. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,190/mo property income rather than buyer’s personal income.
Single Family
Built in 1925
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11429, Queens Village, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,932 (100%) |
| Owner Occupied HU | 4,924 (62.1%) |
| Renter Occupied HU | 2,590 (32.7%) |
| Vacant Housing Units | 418 ( 5.3%) |
| Median Home Value | $643,158 |
| Average Home Value | $669,812 |
Housing Distribution
Address Breakdown
Residential
6,080
Single Family
5,845
Multi-Family
235
Businesses
314
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Listed by: George Herrera • Keller Williams Realty Landmark II
Mls Name: StreetEasy
Mls ID: #S1756251