61-13 62nd St FLOOR 2Middle 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
Total monthly income runs $3,485/mo, and a $4,381/mo payment. Purchase price stands at $895,100, and rental yield measures 4.67% with $3,485/mo rent. Return on cash invested shows 9.9% in year one, and 5% annual appreciation builds toward $247,300 over five years. Five-year ROI reaches 49.8% and total cumulative return in cash records $146,661. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,485/mo property income covering a $4,381/mo payment rather than investor’s personal income.
Multi Family
Built in N/A
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: N/A • N/A
Mls Name: undefined
Mls ID: #N/A