64-85 Saunders St APT A9Rego ParkNY11374
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors who treat current yield as secondary to long-run equity growth will find 64-85 Saunders St APT A9, Rego Park, NY, 11374 in Rego Park worth modelling. At $309,000 with a 11.49% gross yield, the $2,958/mo rent leaves $69/mo after the $1,389/mo payment, sufficient to cover costs, modest in distribution. Ziffy Mortgage's 2.13 DSCR loan can finance the acquisition without personal income documentation. Appreciation of 5%/yr is projected to add $85,371 by year five; $2,846/yr in principal reduction adds further equity. Total projected return: $175,424.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 11.5% | 6.2% |
| Monthly Cash Flow | $69 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $2,958 |
| Total Monthly Debt Service | $1,941 |
| DSCR Ratio | 1.52x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1941
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Condo
Built in 1941
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices