230-07 Grand Central Pkwy #UOakland 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 230-07 Grand Central Pkwy #U, Oakland Gardens, NY, 11364 earns from $3,120/mo rent with a $1,938/mo payment. Total monthly income totals $3,120/mo. ROI tracks 14.01% on current figures, and rental yield reads 9.45% at a $395,999 purchase. Equity gained on principal adds $2,555/yr, and 5% annual appreciation supports $109,407 over five years. Five-year ROI reaches 75.56% and total cumulative return in cash sums $99,188. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,120/mo property income instead of your personal income.
Condo
Built in 1950
N/A lot
$N/A/sqft
$1,121 monthly 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 Akde-Elmazi - Licensed Associate Real Estate Broker • Compass
Mls Name: StreetEasy
Mls ID: #1728642