52-21 65th Place #6PMaspethNY11378
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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 Maspeth at 52-21 65th Place #6P, Maspeth, NY, 11378 generates $1,941/mo in rent and, after a $1,346/mo payment, leaves $105/mo in cash flow. Total monthly income is $1,941/mo, and annual cash flow is $1,255/yr on $91,163 invested. Return on cash invested sits at 21.29% in year one, and rental yield is 8.47% on a $275,000 entry. Equity gained on principal adds $1,775/yr, while 5% annual appreciation builds toward $75,977 over five years. Five-year ROI reaches 110.87% and total cumulative return in cash sums $101,075. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,941/mo property income rather than buyer’s personal income.
Condo
Built in 1955
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11378, Maspeth, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,641 (100%) |
| Owner Occupied HU | 6,295 (43.0%) |
| Renter Occupied HU | 7,386 (50.4%) |
| Vacant Housing Units | 960 ( 6.6%) |
| Median Home Value | $868,742 |
| Average Home Value | $899,708 |
Housing Distribution
Address Breakdown
Residential
9,263
Single Family
7,618
Multi-Family
1,645
Businesses
1,312
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