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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% |
Investment property for sale in Rego Park at 61-25 97th St APT 1G, Rego Park, NY, 11374 listed at $240,000 pairs $1,644/mo rent with a $1,175/mo payment to leave $41/mo cash flow. Total monthly income runs $1,644/mo, and annual cash flow reaches $492/yr on $79,560 cash to close. Return on cash invested measures 20.53% in year one, and rental yield registers 8.22% at a $240,000 basis. Equity gained on principal adds $1,549/yr, and annual property appreciation at 5% supports $66,308 by year five. Five-year ROI tracks 106.81% and total cumulative return in cash totals $84,974. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,644/mo property income relative to a $1,175/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 11374, Rego Park, NY area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,654 (100%) |
| Owner Occupied HU | 8,261 (38.1%) |
| Renter Occupied HU | 11,774 (54.4%) |
| Vacant Housing Units | 1,619 ( 7.5%) |
| Median Home Value | $654,765 |
| Average Home Value | $704,293 |
Residential
20,478
Single Family
3,205
Multi-Family
17,273
Businesses
939
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Gloria Toro • Remax City Square
Mls Name: StreetEasy
Mls ID: #S1798511
