3 Middlemay CirForest HillsNY11375
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
Rental property for sale in Forest Hills at 3 Middlemay Cir, Forest Hills, NY, 11375 priced at $1,549,000 pairs $5,810/mo rent with after a $7,582/mo payment. Total monthly income equals $5,810/mo. Return on cash invested is 9.53% in year one, and rental yield stands at 4.5% on a $1,549,000 basis. Equity gained on principal adds $9,995/yr, and 5% annual appreciation accumulates to $427,960 by year five. Five-year ROI measures 47.73% and total cumulative return in cash reaches $239,555. For financing, Ziffy Mortgage’s DSCR program evaluates $5,810/mo property income against a $7,582/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1925
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11375, Forest Hills, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 35,178 (100%) |
| Owner Occupied HU | 16,568 (47.1%) |
| Renter Occupied HU | 16,416 (46.7%) |
| Vacant Housing Units | 2,194 ( 6.2%) |
| Median Home Value | $816,287 |
| Average Home Value | $887,843 |
Housing Distribution
Address Breakdown
Residential
33,668
Single Family
6,622
Multi-Family
27,046
Businesses
1,853
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Linda Weiss • Terrace Sotheby's International Realty
Mls Name: StreetEasy
Mls ID: #S1774794