460 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
Rental property for sale in South Floral Park at 460 Roquette Avenue, South Floral Park, NY, 11001 priced at $949,999 converts $6,900/mo rent into $556/mo cash flow after a $4,650/mo obligation. Total monthly income equals $6,900/mo, and annual cash flow totals $6,670/yr on $312,550 invested. Return on cash invested prints 22.19% in year one, and rental yield reads 8.72% against a $949,999 entry. Equity gained on principal adds $6,130/yr, while 5% annual appreciation compiles into $262,467 by year five. Five-year ROI reaches 115.7% and total cumulative return in cash sums $361,621. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $6,900/mo property income covering a $4,650/mo payment, not borrower’s personal income.
Single Family
Built in 1957
4,872 sqft 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: Misshel Beck • Real Broker NY LLC
Mls Name: OneKey MLS
Mls ID: #958224