2530 97th StEast ElmhurstNY11369
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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 East Elmhurst at 2530 97th St, East Elmhurst, NY, 11369 earns from $5,225/mo rent with a $5,384/mo payment. Total monthly income totals $5,225/mo. ROI tracks 13.23% on current figures, and rental yield reads 5.7% at a $1,100,000 purchase. Equity gained on principal adds $7,098/yr, and 5% annual appreciation supports $303,910 over five years. Five-year ROI reaches 67.59% and total cumulative return in cash sums $240,883. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,225/mo property income instead of your personal income.
Multi Family
Built in 1930
2,178 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11369, East Elmhurst, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,661 (100%) |
| Owner Occupied HU | 5,344 (42.2%) |
| Renter Occupied HU | 6,442 (50.9%) |
| Vacant Housing Units | 875 ( 6.9%) |
| Median Home Value | $830,833 |
| Average Home Value | $834,560 |
Housing Distribution
Address Breakdown
Residential
7,855
Single Family
5,529
Multi-Family
2,326
Businesses
348
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Listed by: Diallo Stevens • NYREFCO LLC
Mls Name: NY State MLS
Mls ID: #11618844