32-19 97th St #2FAM, East Elmhurst, NY, 11369 | 3.85% Rental Yield | Ziffy
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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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NMLS #2625701
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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
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Investment Highlights

Rental property for sale in East Elmhurst at 32-19 97th St #2FAM, East Elmhurst, NY, 11369 generates $3,209/mo in rent, after a $4,895/mo payment. Total monthly income is $3,209/mo. Return on cash invested sits at 7.41% in year one, and rental yield is 3.85% on a $999,999 entry. Equity gained on principal adds $6,453/yr, while 5% annual appreciation builds toward $276,281 over five years. Five-year ROI reaches 36.42% and total cumulative return in cash sums $119,835. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,209/mo property income rather than buyer’s personal income.

Multi Family

Built in 1915

N/A lot

$N/A/sqft

No HOA

More details about the property

Large 2 family in bustling East Elmhurst, Queens. Lots of shopping, food and near transportation. Live on one floor while renting out the other unit to help with mortgage. House does need some TLC. Showings by appointment only. 3D walkthrough is only of basement and first floor - 2nd floor is not included.

Neighborhood Data

Neighborhood data shown for ZIP Code: 11369, East Elmhurst, NY area.

Housing Distribution

Housing Statistics

CategoryValue
Total HU (Housing Units)12,661 (100%)
Owner Occupied HU5,344 (42.2%)
Renter Occupied HU6,442 (50.9%)
Vacant Housing Units875 ( 6.9%)
Median Home Value$830,833
Average Home Value$834,560

Address Breakdown

Residential

7,855

Single Family

5,529

Multi-Family

2,326

Businesses

348

Price History

Date

Event

Price

No price history data available

Tax History

Date

Tax Paid

Tax Increase Rate

Value

Value Increase Rate

No tax history data available
Loan officer
Loan officer
Loan officer
Powered by
Ziffy Mortgage
NMLS #2625701
Get Pre-Approved

Facts & Features

General Information

  • Type: MultiFamily
  • Year Built: 1915
  • Architectural Style: N/A
  • Building Area: N/A
  • Living Area: N/A
  • Property Condition: N/A

Features & Amenities

  • Heating: N/A
  • Cooling: N/A
  • Flooring: N/A
  • Interior Features: N/A
  • Exterior Features: N/A
  • Parking Features: N/A

Location

  • City: East Elmhurst
  • State: NY
  • Subdivision: N/A
  • Lot Size: N/A
  • Lot Features: N/A
  • View: N/A

HOA & Fees

  • HOA Fee: N/A
  • Association Fee: N/A
  • Fees & Dues: N/A
  • Association Amenities: N/A
  • Association Fee Includes: N/A

Utilities

  • Utilities: N/A
  • Sewer: N/A
  • Water Source: N/A
  • Road Surface Type: N/A

School Information

  • Elementary School: N/A
  • Middle School: N/A
  • High School: N/A

Listed by: Miozoty Castillo • Heights Realty Advisors 

Mls Name: StreetEasy

Mls ID: #S1778903

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