264-14 73rd. Avenue 1st flGlen OaksNY11004
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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 Glen Oaks at 264-14 73rd. Avenue 1st fl, Glen Oaks, NY, 11004 earns $545/mo cash flow from $2,280/mo rent with a $1,272/mo payment. Total monthly income totals $2,280/mo, and annual cash flow totals $6,534/yr on $86,157 capital. ROI tracks 27.49% on current figures, and rental yield reads 10.53% at a $259,900 purchase. Equity gained on principal adds $1,677/yr, and 5% annual appreciation supports $71,806 over five years. Five-year ROI reaches 144.17% and total cumulative return in cash sums $124,210. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,280/mo property income instead of your personal income.
Condo
Built in 1950
N/A lot
$N/A/sqft
No 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
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