55 Tulip Ave APT 51Floral 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 Floral Park at 55 Tulip Ave APT 51, Floral Park, NY, 11001 offers a 7.82% rental yield on a $336,000 purchase with $2,189/mo rent. 13% in year one. Equity gained on principal adds $2,168/yr while 5% annual appreciation supports $92,831 over five years. Portfolio math shows five-year ROI at 64.37% and total cumulative return in cash at $71,698. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,189/mo property income against a $1,645/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1980
N/A lot
$N/A/sqft
$667 monthly 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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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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