37-46 85th St #2Jackson HeightsNY11372
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 $3,037/mo, and a $3,279/mo payment. Purchase price stands at $670,000, and rental yield measures 5.44% with $3,037/mo rent. Return on cash invested shows 6.63% in year one, and 5% annual appreciation builds toward $185,109 over five years. Five-year ROI reaches 34.29% and total cumulative return in cash records $75,593. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,037/mo property income covering a $3,279/mo payment rather than investor’s personal income.
Condo
Built in 1921
N/A lot
$N/A/sqft
$1,030 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jeffrey Putterman • EXP Realty
Mls Name: StreetEasy
Mls ID: #S1764025