32-22 89th St #106EEast ElmhurstNY11369
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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
Rental property for sale in East Elmhurst at 32-22 89th St #106E, East Elmhurst, NY, 11369 generates $3,326/mo in rent and, after a $1,136/mo payment, leaves $1,156/mo in cash flow. Total monthly income is $3,326/mo, and annual cash flow is $13,875/yr on $76,908 invested. Return on cash invested sits at 37.95% in year one, and rental yield is 17.2% on a $232,000 entry. Equity gained on principal adds $1,497/yr, while 5% annual appreciation builds toward $64,097 over five years. Five-year ROI reaches 203.79% and total cumulative return in cash sums $156,731. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,326/mo property income rather than buyer’s personal income.
Condo
Built in 1952
N/A lot
$N/A/sqft
$620 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11369, East Elmhurst, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,661 (100%) |
| Owner Occupied HU | 5,344 (42.2%) |
| Renter Occupied HU | 6,442 (50.9%) |
| Vacant Housing Units | 875 ( 6.9%) |
| Median Home Value | $830,833 |
| Average Home Value | $834,560 |
Housing Distribution
Address Breakdown
Residential
7,855
Single Family
5,529
Multi-Family
2,326
Businesses
348
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Listed by: Margarita Garcia - Licensed Real Estate Broker • Home Global Realty Corp
Mls Name: StreetEasy
Mls ID: #1623266