221-23 67th Ave #AOakland 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 221-23 67th Ave #A, Oakland Gardens, NY, 11364 listed at $278,000 pairs $2,687/mo rent with a $1,361/mo payment to leave $830/mo cash flow. Total monthly income runs $2,687/mo, and annual cash flow reaches $9,963/yr on $92,157 cash to close. Return on cash invested measures 30.72% in year one, and rental yield registers 11.6% at a $278,000 basis. Equity gained on principal adds $1,794/yr, and annual property appreciation at 5% supports $76,806 by year five. Five-year ROI tracks 161.48% and total cumulative return in cash totals $148,817. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,687/mo property income relative to a $1,361/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in N/A
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: Shirley Chen • Prime Realty
Mls Name: StreetEasy
Mls ID: #S1806133