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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Middle Village at 57-70 80th St, Middle Village, NY, 11379 generates $3,356/mo in rent, after a $4,689/mo payment. Total monthly income is $3,356/mo. Return on cash invested sits at 8.48% in year one, and rental yield is 4.2% on a $958,000 entry. Equity gained on principal adds $6,182/yr, while 5% annual appreciation builds toward $264,678 over five years. Five-year ROI reaches 42.17% and total cumulative return in cash sums $132,905. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,356/mo property income rather than buyer’s personal income.
Multi Family
Built in 1950
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 11379, Middle Village, NY area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,630 (100%) |
| Owner Occupied HU | 7,671 (49.1%) |
| Renter Occupied HU | 6,844 (43.8%) |
| Vacant Housing Units | 1,115 ( 7.1%) |
| Median Home Value | $883,890 |
| Average Home Value | $923,614 |
Residential
11,256
Single Family
9,197
Multi-Family
2,059
Businesses
632
Date | Event | Price |
|---|---|---|
| 2024-11-12 | Price change | $958,000 |
| 2024-09-22 | Listed for sale | $988,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-01-11 | N/A | N/A | $52,380 | -4.80% |
| 2022-01-11 | N/A | N/A | $55,020 | 10.88% |
| 2021-01-11 | N/A | N/A | $49,620 | -2.48% |
Listed by: David Pastorini • Coldwell Banker Phillips
Mls Name: StreetEasy
Mls ID: #S1736386
