3049 79th StEast 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 3049 79th St, East Elmhurst, NY, 11370 projects strong ROI of 2.66%. Rental yield 2.28%. With 5% annual appreciation, the property builds $657,550 in value over five years. Equity growth combined delivers a projected five-year ROI of 10.91%, translating into $84,128 in total cumulative return on $771,120 invested capital. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.
Multi Family
Built in 1980
5,000 sqft 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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