37-56 87th St APT 4GJackson 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 $2,712/mo, and a $1,468/mo payment. Purchase price stands at $299,999, and rental yield measures 10.85% with $2,712/mo rent. Return on cash invested shows 18.42% in year one, and 5% annual appreciation builds toward $82,884 over five years. Five-year ROI reaches 99.15% and total cumulative return in cash records $98,604. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,712/mo property income covering a $1,468/mo payment rather than investor’s personal income.
Condo
Built in N/A
N/A lot
$N/A/sqft
$832 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: Chris Bowser • Coldwell Banker Reliable Real Estate
Mls Name: StreetEasy
Mls ID: #S1745085