65-60 Wetherole St APT 6FRego 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 65-60 Wetherole St APT 6F, Rego Park, NY, 11374 earns $273/mo cash flow from $2,993/mo rent with a $1,468/mo payment. Total monthly income totals $2,993/mo, and annual cash flow totals $3,276/yr on $99,450 capital. ROI tracks 23.2% on current figures, and rental yield reads 11.97% at a $300,000 purchase. Equity gained on principal adds $1,936/yr, and 5% annual appreciation supports $82,884 over five years. Five-year ROI reaches 124.27% and total cumulative return in cash sums $123,588. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,993/mo property income instead of your personal income.
Condo
Built in 1947
N/A lot
$N/A/sqft
$717 monthly 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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