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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Jackson Heights at 35-51 85th St APT 4F, Jackson Heights, NY, 11372 generates $2,760/mo in rent and, after a $1,542/mo payment, leaves $656/mo in cash flow. Total monthly income is $2,760/mo, and annual cash flow is $7,875/yr on $104,423 invested. Return on cash invested sits at 27.45% in year one, and rental yield is 10.51% on a $315,000 entry. Equity gained on principal adds $2,033/yr, while 5% annual appreciation builds toward $87,029 over five years. Five-year ROI reaches 143.96% and total cumulative return in cash sums $150,329. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,760/mo property income rather than buyer’s personal income.
Condo
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 11372, Jackson Heights, NY area.
| 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 |
Residential
23,743
Single Family
2,757
Multi-Family
20,986
Businesses
2,095
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Elkin Serna • Compass
Mls Name: StreetEasy
Mls ID: #S1795841
