30-57 74th St #1East ElmhurstNY11370
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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 East Elmhurst at 30-57 74th St #1, East Elmhurst, NY, 11370 offers a 2.77% rental yield on a $1,225,000 purchase with $2,827/mo rent. 18% in year one. Equity gained on principal adds $7,905/yr while 5% annual appreciation supports $338,445 over five years. Portfolio math shows five-year ROI at 19.07% and total cumulative return in cash at $75,708. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,827/mo property income against a $5,996/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1955
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11370, East Elmhurst, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,647 (100%) |
| Owner Occupied HU | 4,231 (39.7%) |
| Renter Occupied HU | 5,718 (53.7%) |
| Vacant Housing Units | 698 ( 6.6%) |
| Median Home Value | $876,118 |
| Average Home Value | $926,655 |
Housing Distribution
Address Breakdown
Residential
6,719
Single Family
5,323
Multi-Family
1,396
Businesses
254
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Listed by: N/A • N/A
Mls Name: StreetEasy
Mls ID: #S1796453