53-10 90th St #2AElmhurstNY11373
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 Elmhurst at 53-10 90th St #2A, Elmhurst, NY, 11373 offers a 9.86% rental yield on a $435,600 purchase with $3,580/mo rent. Total monthly income registers $3,580/mo, and a $2,132/mo payment leaves $671/mo available for distribution. Annual cash flow reaches $8,054/yr on $144,401 to close, and return on cash invested stands at 25.49% in year one. Equity gained on principal adds $2,811/yr while 5% annual appreciation supports $120,348 over five years. Portfolio math shows five-year ROI at 133.41% and total cumulative return in cash at $192,645. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,580/mo property income against a $2,132/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2008
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11373, Elmhurst, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 35,494 (100%) |
| Owner Occupied HU | 8,533 (24.0%) |
| Renter Occupied HU | 24,857 (70.0%) |
| Vacant Housing Units | 2,104 ( 5.9%) |
| Median Home Value | $862,050 |
| Average Home Value | $890,952 |
Housing Distribution
Address Breakdown
Residential
25,941
Single Family
6,615
Multi-Family
19,326
Businesses
1,674
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices