26910 Grand Central Parkway UNIT 23TFloral ParkNY11005
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe income profile at 26910 Grand Central Parkway UNIT 23T, Floral Park, NY, 11005 in Floral Park is straightforward: $359,000 in, $4,049/mo in rent, $218/mo out after debt service. The 13.53% gross yield and 2.51 DSCR make this exactly the kind of asset Ziffy Mortgage finances for non-U.S. residents without income documentation. Appreciation at 5%/yr adds $99,185 by year five. With $3,306/yr in principal equity, the total cumulative return is projected at $157,210.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 13.5% | 6.2% |
| Monthly Cash Flow | $218 | $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 | $4,049 |
| Total Monthly Debt Service | $3,688 |
| DSCR Ratio | 1.10x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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 1975
N/A lot
$N/A/sqft
$1,433 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
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 1975
N/A lot
$N/A/sqft
$1,433 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