224-20 Manor Road #9-1Queens VillageNY11427
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
Investment property for sale in Queens Village at 224-20 Manor Road #9-1, Queens Village, NY, 11427 earns $1,884/mo cash flow from $3,674/mo rent with a $1,312/mo payment. Total monthly income totals $3,674/mo, and annual cash flow totals $22,609/yr on $88,842 capital. ROI tracks 45.36% on current figures, and rental yield reads 16.45% at a $268,000 purchase. Equity gained on principal adds $1,729/yr, and 5% annual appreciation supports $74,043 over five years. Five-year ROI reaches 240% and total cumulative return in cash sums $213,225. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,674/mo property income instead of your personal income.
Condo
Built in 1951
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Nora E. Avalos • NY Superior Realty
Mls Name: OneKey MLS
Mls ID: #922495