39-02 111th St #1, Corona, NY, 11368 | Equity Gain $50,900/yr

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NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Corona at 39-02 111th St #1, Corona, NY, 11368 projects strong ROI of -1.45%. Rental yield 0.94%. With 5% annual appreciation, the property builds $2,179,309 in value over five years. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.

Multi Family

Built in 1928

N/A lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 11368, Corona, NY area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	33,238 (100%)
Owner Occupied HU	5,682 (17.1%)
Renter Occupied HU	25,957 (78.1%)
Vacant Housing Units	1,599 ( 4.8%)
Median Home Value	$918,489
Average Home Value	$938,312