64-11 65th PlMiddle 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 64-11 65th Pl, Middle Village, NY, 11379 uses $328,634 cash to close to unlock $8,672/yr annual cash flow and $723/mo monthly cash flow. Total monthly income runs $7,393/mo, and a $4,889/mo payment keeps the spread at $723/mo. Purchase price stands at $998,888, and rental yield measures 8.88% with $7,393/mo rent. Return on cash invested shows 22.7% in year one, and 5% annual appreciation builds toward $275,974 over five years. Five-year ROI reaches 118.42% and total cumulative return in cash records $389,162. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $7,393/mo property income covering a $4,889/mo payment rather than investor’s personal income.
Multi Family
Built in 1920
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: Anthony Carollo - Licensed Real Estate Broker • Carollo Real Estate
Mls Name: StreetEasy
Mls ID: #1723806