324 Beverly Rd #1Little NeckNY11363
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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 Little Neck at 324 Beverly Rd #1, Little Neck, NY, 11363 earns from $5,369/mo rent with a $6,608/mo payment. Total monthly income totals $5,369/mo. ROI tracks 10.37% on current figures, and rental yield reads 4.77% at a $1,350,000 purchase. Equity gained on principal adds $8,711/yr, and 5% annual appreciation supports $372,980 over five years. Five-year ROI reaches 52.23% and total cumulative return in cash sums $228,437. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,369/mo property income instead of your personal income.
Single Family
Built in 1920
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11363, Little Neck, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,933 (100%) |
| Owner Occupied HU | 1,892 (64.5%) |
| Renter Occupied HU | 866 (29.5%) |
| Vacant Housing Units | 175 ( 6.0%) |
| Median Home Value | $1,074,519 |
| Average Home Value | $1,146,069 |
Housing Distribution
Address Breakdown
Residential
2,620
Single Family
2,155
Multi-Family
465
Businesses
186
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Listed by: Howard Glick • Corcoran
Mls Name: StreetEasy
Mls ID: #S1801467