255-43 75th Avenue UNIT 255-43BGlen OaksNY11004
INVESTMENT ANALYSIS
Investment Verdict
Solid Income255-43 75th Avenue UNIT 255-43B, Glen Oaks, NY, 11004 in Glen Oaks carries a 1.78 coverage ratio, rent of $3,000/mo is 1.78 times the $1,682/mo payment. Rental yield 9.63%. That margin gives both the investor and Ziffy Mortgage's DSCR underwriting a comfortable buffer at a $374,000 acquisition price. No U.S. credit or income documentation required. Five-year appreciation adds $103,329; total projected cumulative return: $124,888.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 9.6% | 6.2% |
| Monthly Cash Flow | $(333) | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $3,000 |
| Total Monthly Debt Service | $3,184 |
| DSCR Ratio | 0.94x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1947
N/A lot
$N/A/sqft
$835 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11004, Glen Oaks, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,803 (100%) |
| Owner Occupied HU | 3,190 (66.4%) |
| Renter Occupied HU | 1,383 (28.8%) |
| Vacant Housing Units | 230 ( 4.8%) |
| Median Home Value | $613,482 |
| Average Home Value | $655,926 |
Housing Distribution
Address Breakdown
Residential
4,805
Single Family
4,675
Multi-Family
130
Businesses
267
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
Condo
Built in 1947
N/A lot
$N/A/sqft
$835 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11004, Glen Oaks, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,803 (100%) |
| Owner Occupied HU | 3,190 (66.4%) |
| Renter Occupied HU | 1,383 (28.8%) |
| Vacant Housing Units | 230 ( 4.8%) |
| Median Home Value | $613,482 |
| Average Home Value | $655,926 |
Housing Distribution
Address Breakdown
Residential
4,805
Single Family
4,675
Multi-Family
130
Businesses
267
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices