459 Roquette AvenueSouth Floral ParkNY11001
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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
Investment property for sale in South Floral Park at 459 Roquette Avenue, South Floral Park, NY, 11001 listed at $699,000 pairs $6,900/mo rent with a $3,421/mo payment to leave $2,232/mo cash flow. Total monthly income runs $6,900/mo, and annual cash flow reaches $26,789/yr on $229,971 cash to close. Return on cash invested measures 31.71% in year one, and rental yield registers 11.85% at a $699,000 basis. Equity gained on principal adds $4,511/yr, and annual property appreciation at 5% supports $193,121 by year five. Five-year ROI tracks 166.73% and total cumulative return in cash totals $383,438. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $6,900/mo property income relative to a $3,421/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1923
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11001, Floral Park, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,093 (100%) |
| Owner Occupied HU | 7,391 (73.2%) |
| Renter Occupied HU | 2,292 (22.7%) |
| Vacant Housing Units | 410 ( 4.1%) |
| Median Home Value | $777,870 |
| Average Home Value | $801,033 |
Housing Distribution
Address Breakdown
Residential
8,579
Single Family
7,975
Multi-Family
604
Businesses
639
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Listed by: Syed Shah • LAFFEY REAL ESTATE
Mls Name: OneKey MLS
Mls ID: #895073