37-31 73rd St #5TJackson 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
Total monthly income runs $2,404/mo, and a $1,801/mo payment. Purchase price stands at $368,000, and rental yield measures 7.84% with $2,404/mo rent. Return on cash invested shows 9.95% in year one, and 5% annual appreciation builds toward $101,672 over five years. Five-year ROI reaches 53.5% and total cumulative return in cash records $65,269. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,404/mo property income covering a $1,801/mo payment rather than investor’s personal income.
Condo
Built in 1962
N/A lot
$N/A/sqft
$959 monthly 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: Armen Meschian • CORE
Mls Name: StreetEasy
Mls ID: #S1748003