216-64 68th Ave #DOakland 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 216-64 68th Ave #D, Oakland Gardens, NY, 11364 earns $1,110/mo cash flow from $4,586/mo rent with a $1,811/mo payment. Total monthly income totals $4,586/mo, and annual cash flow totals $13,322/yr on $122,654 capital. ROI tracks 30.77% on current figures, and rental yield reads 14.87% at a $369,998 purchase. Equity gained on principal adds $2,388/yr, and 5% annual appreciation supports $102,224 over five years. Five-year ROI reaches 165.34% and total cumulative return in cash sums $202,792. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,586/mo property income instead of your personal income.
Condo
Built in N/A
N/A lot
$N/A/sqft
$1,005 monthly 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: Amy Qiu - Licensed Real Estate Salesperson • Winzone Realty Inc
Mls Name: StreetEasy
Mls ID: #1723324