269 Grand Central Pkwy #31BFloral ParkNY11005
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
Investment Highlights
Investment property for sale in Floral Park at 269 Grand Central Pkwy #31B, Floral Park, NY, 11005 earns from $2,956/mo rent with a $2,398/mo payment. Total monthly income totals $2,956/mo. ROI tracks 3.55% on current figures, and rental yield reads 7.24% at a $489,999 purchase. Equity gained on principal adds $3,162/yr, and 5% annual appreciation supports $135,378 over five years. Five-year ROI reaches 20.84% and total cumulative return in cash sums $33,852. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,956/mo property income instead of your personal income.
Condo
Built in 1972
N/A lot
$N/A/sqft
$1,899 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Rahreese Kenchen • Fave Realty Inc
Mls Name: StreetEasy
Mls ID: #S1752712