234-24 131 Avenue #UpperRosedaleNY11422
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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 Rosedale at 234-24 131 Avenue #Upper, Rosedale, NY, 11422 listed at $235,000 pairs $1,639/mo rent with a $1,150/mo payment to leave $70/mo cash flow. Total monthly income runs $1,639/mo, and annual cash flow reaches $839/yr on $77,903 cash to close. Return on cash invested measures 20.99% in year one, and rental yield registers 8.37% at a $235,000 basis. Equity gained on principal adds $1,516/yr, and annual property appreciation at 5% supports $64,926 by year five. Five-year ROI tracks 109.25% and total cumulative return in cash totals $85,108. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,639/mo property income relative to a $1,150/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1950
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11422, Rosedale, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,457 (100%) |
| Owner Occupied HU | 6,214 (59.4%) |
| Renter Occupied HU | 3,646 (34.9%) |
| Vacant Housing Units | 597 ( 5.7%) |
| Median Home Value | $642,266 |
| Average Home Value | $666,686 |
Housing Distribution
Address Breakdown
Residential
7,646
Single Family
7,624
Multi-Family
22
Businesses
411
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