26910 Grand Central Parkway #15AFloral 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
Rental property for sale in Floral Park at 26910 Grand Central Parkway #15A, Floral Park, NY, 11005 generates $3,522/mo in rent, after a $2,814/mo payment. Total monthly income is $3,522/mo. Return on cash invested sits at 18.05% in year one, and rental yield is 7.35% on a $575,000 entry. Equity gained on principal adds $3,710/yr, while 5% annual appreciation builds toward $158,862 over five years. Five-year ROI reaches 93.47% and total cumulative return in cash sums $176,831. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,522/mo property income rather than buyer’s personal income.
Condo
Built in 1975
N/A lot
$N/A/sqft
No 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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Listed by: Sotiria Krikelis • LA Rosa Realty New York LLC
Mls Name: OneKey MLS
Mls Provider:
Mls ID: #821585
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