32-23 Plunkett AvenueFar RockawayNY11691
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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 Far Rockaway at 32-23 Plunkett Avenue, Far Rockaway, NY, 11691 earns from $3,780/mo rent with a $3,108/mo payment. Total monthly income totals $3,780/mo. ROI tracks 17.42% on current figures, and rental yield reads 7.14% at a $634,987 purchase. Equity gained on principal adds $4,097/yr, and 5% annual appreciation supports $175,435 over five years. Five-year ROI reaches 90.09% and total cumulative return in cash sums $188,200. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,780/mo property income instead of your personal income.
Single Family
Built in 1950
3,016 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11691, Far Rockaway, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,618 (100%) |
| Owner Occupied HU | 5,020 (21.3%) |
| Renter Occupied HU | 17,299 (73.2%) |
| Vacant Housing Units | 1,299 ( 5.5%) |
| Median Home Value | $689,409 |
| Average Home Value | $749,322 |
Housing Distribution
Address Breakdown
Residential
20,297
Single Family
7,945
Multi-Family
12,352
Businesses
623
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Listed by: Andre Dyer • Charles Rutenberg Realty Inc
Mls Name: OneKey MLS
Mls ID: #917024