251-41 71st Road #54BBelleroseNY11426
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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
Rental property for sale in Bellerose at 251-41 71st Road #54B, Bellerose, NY, 11426 generates $2,514/mo in rent and, after a $1,248/mo payment, leaves $811/mo in cash flow. Total monthly income is $2,514/mo, and annual cash flow is $9,735/yr on $84,533 invested. Return on cash invested sits at 31.43% in year one, and rental yield is 11.83% on a $255,000 entry. Equity gained on principal adds $1,645/yr, while 5% annual appreciation builds toward $70,452 over five years. Five-year ROI reaches 165.28% and total cumulative return in cash sums $139,712. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,514/mo property income rather than buyer’s personal income.
Condo
Built in 1950
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11426, Bellerose, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,974 (100%) |
| Owner Occupied HU | 4,539 (65.1%) |
| Renter Occupied HU | 2,100 (30.1%) |
| Vacant Housing Units | 335 ( 4.8%) |
| Median Home Value | $710,148 |
| Average Home Value | $714,591 |
Housing Distribution
Address Breakdown
Residential
5,517
Single Family
5,235
Multi-Family
282
Businesses
290
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