269 Grand Central Pkwy #1AFloral ParkNY11005
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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 Floral Park at 269 Grand Central Pkwy #1A, Floral Park, NY, 11005 offers a 0% rental yield on a $287,000 purchase with $0/mo rent. 63% in year one. Equity gained on principal adds $1,852/yr while 5% annual appreciation supports $79,293 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $0/mo property income against a $1,405/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1972
N/A lot
$N/A/sqft
$1,694 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11005, Floral Park, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,763 (100%) |
| Owner Occupied HU | 1,435 (81.4%) |
| Renter Occupied HU | 97 ( 5.5%) |
| Vacant Housing Units | 231 (13.1%) |
| Median Home Value | $1,002,492 |
| Average Home Value | $1,145,340 |
Housing Distribution
Address Breakdown
Residential
1,826
Single Family
0
Multi-Family
1,826
Businesses
19
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No similar rental properties found nearby.
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Listed by: Linda Rappaport - Licensed Associate Real Estate Broker • Akam Sales and Brokerage
Mls Name: StreetEasy
Mls ID: #1731474