226-01 88th Ave #LQueens 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
Total monthly income runs $2,598/mo, and a $1,664/mo payment. Purchase price stands at $340,000, and rental yield measures 9.17% with $2,598/mo rent. Return on cash invested shows 11.93% in year one, and 5% annual appreciation builds toward $93,936 over five years. Five-year ROI reaches 64.86% and total cumulative return in cash records $73,098. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,598/mo property income covering a $1,664/mo payment rather than investor’s personal income.
Condo
Built in N/A
N/A lot
$N/A/sqft
$1,077 monthly 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: Jessica Akde-Elmazi • Compass
Mls Name: StreetEasy
Mls ID: #S1759139