57-19 64th StMaspethNY11378
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 Maspeth at 57-19 64th St, Maspeth, NY, 11378 uses $420,876 cash to close to unlock $19,001/yr annual cash flow and $1,583/mo monthly cash flow. Total monthly income runs $10,258/mo, and a $6,358/mo payment keeps the spread at $1,583/mo. Purchase price stands at $1,299,000, and rental yield measures 9.48% with $10,258/mo rent. Return on cash invested shows 24.88% in year one, and 5% annual appreciation builds toward $358,890 over five years. Five-year ROI reaches 130.08% and total cumulative return in cash records $547,489. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $10,258/mo property income covering a $6,358/mo payment rather than investor’s personal income.
Multi Family
Built in 1935
3,720 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jaroslaw Kaszuba • Exit All Seasons Realty
Mls Name: BNYMLS
Mls Provider:
Mls ID: #481542
Disclaimer: The property information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the participating Brokers.