448 Beach 144th StFar RockawayNY11694
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
Investment property for sale in Far Rockaway at 448 Beach 144th St, Far Rockaway, NY, 11694 offers a 4.83% rental yield on a $1,790,000 purchase with $7,205/mo rent. 55% in year one. Equity gained on principal adds $11,551/yr while 5% annual appreciation supports $494,544 over five years. Portfolio math shows five-year ROI at 53.18% and total cumulative return in cash at $308,440. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $7,205/mo property income against a $8,761/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1986
8,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11694, Rockaway Park, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,895 (100%) |
| Owner Occupied HU | 3,917 (44.0%) |
| Renter Occupied HU | 3,961 (44.5%) |
| Vacant Housing Units | 1,017 (11.4%) |
| Median Home Value | $886,014 |
| Average Home Value | $919,362 |
Housing Distribution
Address Breakdown
Residential
7,768
Single Family
4,451
Multi-Family
3,317
Businesses
381
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Daniel Sosani • Behfar Team, LLC
Mls Name: BNYMLS
Mls Provider:
Mls ID: #485648
Disclaimer: The property information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the participating Brokers.