220-47 73rd Avenue #UpperOakland 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 220-47 73rd Avenue #Upper, Oakland Gardens, NY, 11364 offers a 8.33% rental yield on a $299,999 purchase with $2,082/mo rent. Total monthly income registers $2,082/mo, and a $1,468/mo payment leaves $79/mo available for distribution. Annual cash flow reaches $948/yr on $99,450 to close, and return on cash invested stands at 20.86% in year one. Equity gained on principal adds $1,936/yr while 5% annual appreciation supports $82,884 over five years. Portfolio math shows five-year ROI at 108.57% and total cumulative return in cash at $107,976. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,082/mo property income against a $1,468/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1952
N/A 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: Jessica A. Akde Elmazi MRP CPM CBR • Compass Greater NY LLC
Mls Name: OneKey MLS
Mls ID: #930048