32-40 91 Street #309Jackson HeightsNY11372
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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 Jackson Heights at 32-40 91 Street #309, Jackson Heights, NY, 11372 generates $3,300/mo in rent and, after a $1,649/mo payment, leaves $1,050/mo in cash flow. Total monthly income is $3,300/mo, and annual cash flow is $12,600/yr on $111,716 invested. Return on cash invested sits at 31.19% in year one, and rental yield is 11.75% on a $337,000 entry. Equity gained on principal adds $2,175/yr, while 5% annual appreciation builds toward $93,107 over five years. Five-year ROI reaches 164% and total cumulative return in cash sums $183,216. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,300/mo property income rather than buyer’s personal income.
Condo
Built in 1953
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11372, Jackson Heights, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,163 (100%) |
| Owner Occupied HU | 8,913 (34.1%) |
| Renter Occupied HU | 15,967 (61.0%) |
| Vacant Housing Units | 1,283 ( 4.9%) |
| Median Home Value | $581,835 |
| Average Home Value | $683,675 |
Housing Distribution
Address Breakdown
Residential
23,743
Single Family
2,757
Multi-Family
20,986
Businesses
2,095
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Listed by: Xiao Feng Pan CBR • Winzone Realty Inc
Mls Name: OneKey MLS
Mls ID: #882054