219-43 113th AvenueQueens VillageNY11429
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 219-43 113th Avenue, Queens Village, NY, 11429 generates $5,460/mo in rent and, after a $3,671/mo payment, leaves $452/mo in cash flow. Total monthly income is $5,460/mo, and annual cash flow is $5,418/yr on $246,750 invested. Return on cash invested sits at 22.26% in year one, and rental yield is 8.74% on a $749,999 entry. Equity gained on principal adds $4,840/yr, while 5% annual appreciation builds toward $207,211 over five years. Five-year ROI reaches 116.04% and total cumulative return in cash sums $286,337. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,460/mo property income rather than buyer’s personal income.
Single Family
Built in 1950
4,000 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Samantha T. Chance • Orion Sky Realty LLC
Mls Name: OneKey MLS
Mls ID: #956772