214-59 Whitehall TerQueens VillageNY11427
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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 Queens Village at 214-59 Whitehall Ter, Queens Village, NY, 11427 with 5% annual appreciation on a $1,190,000 basis while $6,616/mo rent supports operations. 23% in year one. Equity gained on principal adds $7,679/yr, and five-year appreciation sums $328,775 alongside rental yield of 6.67%. Five-year ROI measures 83.67% and total cumulative return in cash totals $322,588. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $6,616/mo property income versus a $5,824/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Multi Family
Built in 1940
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11427, Queens Village, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,287 (100%) |
| Owner Occupied HU | 4,710 (56.8%) |
| Renter Occupied HU | 3,253 (39.3%) |
| Vacant Housing Units | 324 ( 3.9%) |
| Median Home Value | $758,229 |
| Average Home Value | $780,329 |
Housing Distribution
Address Breakdown
Residential
7,331
Single Family
5,491
Multi-Family
1,840
Businesses
183
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Listed by: Rafael Ching - Licensed Real Estate Salesperson • Keller Williams Realty of Greater Nassau
Mls Name: StreetEasy
Mls ID: #1712632