61-12 69th St #2MMiddle VillageNY11379
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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 Middle Village at 61-12 69th St #2M, Middle Village, NY, 11379 earns from $3,371/mo rent with a $3,274/mo payment. Total monthly income totals $3,371/mo. ROI tracks 14.08% on current figures, and rental yield reads 6.05% at a $669,000 purchase. Equity gained on principal adds $4,317/yr, and 5% annual appreciation supports $184,832 over five years. Five-year ROI reaches 72.21% and total cumulative return in cash sums $158,931. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,371/mo property income instead of your personal income.
Condo
Built in 1987
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
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Listed by: Filippo Amato • Concrete Jungle Realty
Mls Name: StreetEasy
Mls ID: #S1809636