52-24 65th PlMaspethNY11378
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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 Maspeth at 52-24 65th Pl, Maspeth, NY, 11378 offers a 12.09% rental yield on a $299,000 purchase with $3,012/mo rent. Total monthly income registers $3,012/mo, and a $1,463/mo payment leaves $306/mo available for distribution. Annual cash flow reaches $3,669/yr on $99,119 to close, and return on cash invested stands at 23.61% in year one. Equity gained on principal adds $1,929/yr while 5% annual appreciation supports $82,608 over five years. Portfolio math shows five-year ROI at 126.44% and total cumulative return in cash at $125,326. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,012/mo property income against a $1,463/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1956
N/A lot
$N/A/sqft
$710 monthly 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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