3243 90th St #601East 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
Investment property for sale in East Elmhurst at 3243 90th St #601, East Elmhurst, NY, 11369 listed at $379,000 pairs $3,127/mo rent with a $1,855/mo payment. Total monthly income runs $3,127/mo. Return on cash invested measures 15.22% in year one, and rental yield registers 9.9% at a $379,000 basis. Equity gained on principal adds $2,446/yr, and annual property appreciation at 5% supports $104,711 by year five. Five-year ROI tracks 82.13% and total cumulative return in cash totals $103,187. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,127/mo property income relative to a $1,855/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1953
N/A lot
$N/A/sqft
$1,087 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: Ray Bart • Downtown Mgt & Realty LLC
Mls Name: StreetEasy
Mls ID: #S1783595