63-95 Austin St APT 5FRego ParkNY11374
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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 Rego Park at 63-95 Austin St APT 5F, Rego Park, NY, 11374 uses $93,815 cash to close to unlock $11,044/yr annual cash flow and $920/mo monthly cash flow. Total monthly income runs $2,810/mo, and a $1,385/mo payment keeps the spread at $920/mo. Purchase price stands at $283,000, and rental yield measures 11.92% with $2,810/mo rent. Return on cash invested shows 31.68% in year one, and 5% annual appreciation builds toward $78,188 over five years. Five-year ROI reaches 166.63% and total cumulative return in cash records $156,327. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,810/mo property income covering a $1,385/mo payment rather than investor’s personal income.
Condo
Built in 1960
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11374, Rego Park, NY area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
20,478
Single Family
3,205
Multi-Family
17,273
Businesses
939
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