221-26 Manor Rd #UQueens 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 221-26 Manor Rd #U, Queens Village, NY, 11427 offers a 8.64% rental yield on a $299,000 purchase with $2,153/mo rent. Total monthly income registers $2,153/mo, and a $1,463/mo payment leaves $157/mo available for distribution. Annual cash flow reaches $1,881/yr on $99,119 to close, and return on cash invested stands at 21.81% in year one. Equity gained on principal adds $1,929/yr while 5% annual appreciation supports $82,608 over five years. Portfolio math shows five-year ROI at 113.66% and total cumulative return in cash at $112,654. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,153/mo property income against a $1,463/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in N/A
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: Jessica Akde-Elmazi • Compass
Mls Name: StreetEasy
Mls ID: #S1789986