42-09 Hampton St UNIT 4BElmhurstNY11373
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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
Rental property for sale in Elmhurst at 42-09 Hampton St UNIT 4B, Elmhurst, NY, 11373 priced at $625,250 pairs $3,108/mo rent with after a $3,060/mo payment. Total monthly income equals $3,108/mo. Return on cash invested is 13.84% in year one, and rental yield stands at 5.96% on a $625,250 basis. Equity gained on principal adds $4,035/yr, and 5% annual appreciation accumulates to $172,745 by year five. Five-year ROI measures 70.88% and total cumulative return in cash reaches $145,807. For financing, Ziffy Mortgage’s DSCR program evaluates $3,108/mo property income against a $3,060/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 2024
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11373, Elmhurst, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 35,494 (100%) |
| Owner Occupied HU | 8,533 (24.0%) |
| Renter Occupied HU | 24,857 (70.0%) |
| Vacant Housing Units | 2,104 ( 5.9%) |
| Median Home Value | $862,050 |
| Average Home Value | $890,952 |
Housing Distribution
Address Breakdown
Residential
25,941
Single Family
6,615
Multi-Family
19,326
Businesses
1,674
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