62 Hudson RoadFloral ParkNY11001
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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 Floral Park at 62 Hudson Road, Floral Park, NY, 11001 earns from $4,569/mo rent with a $6,113/mo payment. Total monthly income totals $4,569/mo. ROI tracks 9.19% on current figures, and rental yield reads 4.39% at a $1,249,000 purchase. Equity gained on principal adds $8,060/yr, and 5% annual appreciation supports $345,076 over five years. Five-year ROI reaches 45.9% and total cumulative return in cash sums $185,747. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,569/mo property income instead of your personal income.
Single Family
Built in 1924
5,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11001, Floral Park, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,093 (100%) |
| Owner Occupied HU | 7,391 (73.2%) |
| Renter Occupied HU | 2,292 (22.7%) |
| Vacant Housing Units | 410 ( 4.1%) |
| Median Home Value | $777,870 |
| Average Home Value | $801,033 |
Housing Distribution
Address Breakdown
Residential
8,579
Single Family
7,975
Multi-Family
604
Businesses
639
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Listed by: Michelle F. Mcardle PSA SRS SRES • Douglas Elliman Real Estate
Mls Name: OneKey MLS
Mls ID: #955191