32-56 107th StEast ElmhurstNY11369
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Total monthly income runs $3,203/mo, and a $4,895/mo payment. Purchase price stands at $999,999, and rental yield measures 3.84% with $3,203/mo rent. Return on cash invested shows 7.39% in year one, and 5% annual appreciation builds toward $276,281 over five years. Five-year ROI reaches 36.31% and total cumulative return in cash records $119,451. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,203/mo property income covering a $4,895/mo payment rather than investor’s personal income.
Multi Family
Built in 1920
N/A lot
$N/A/sqft
No 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Etan Hakimi • Mitra Hakimi Realty Group, LLC
Mls Name: StreetEasy
Mls ID: #S1747098