58-10 83rd Pl #1Middle VillageNY11379
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 Middle Village at 58-10 83rd Pl #1, Middle Village, NY, 11379 offers a 3.75% rental yield on a $1,499,000 purchase with $4,681/mo rent. 2% in year one. Equity gained on principal adds $9,673/yr while 5% annual appreciation supports $414,146 over five years. Portfolio math shows five-year ROI at 35.26% and total cumulative return in cash at $171,249. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,681/mo property income against a $7,337/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 2018
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11379, Middle Village, NY area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
11,256
Single Family
9,197
Multi-Family
2,059
Businesses
632
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lily Tran • EXP Realty NYC
Mls Name: StreetEasy
Mls ID: #S1807144