34-40 78th St APT 4CJackson 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
Investment property for sale in Jackson Heights at 34-40 78th St APT 4C, Jackson Heights, NY, 11372 listed at $450,000 pairs $3,300/mo rent with a $2,203/mo payment to leave $295/mo cash flow. Total monthly income runs $3,300/mo, and annual cash flow reaches $3,534/yr on $149,175 cash to close. Return on cash invested measures 22.28% in year one, and rental yield registers 8.8% at a $450,000 basis. Equity gained on principal adds $2,904/yr, and annual property appreciation at 5% supports $124,327 by year five. Five-year ROI tracks 116.19% and total cumulative return in cash totals $173,334. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,300/mo property income relative to a $2,203/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1951
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: Firas Toum • Keller Williams Realty Empire
Mls Name: StreetEasy
Mls ID: #S1806797