66-29 75th St, Middle Village, NY, 11379 | $1,956/mo Cash Flow

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NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Middle Village at 66-29 75th St, Middle Village, NY, 11379 listed at $859,000 pairs $7,692/mo rent with a $4,204/mo payment to leave $1,956/mo cash flow. Total monthly income runs $7,692/mo, and annual cash flow reaches $23,473/yr on $282,611 cash to close. Return on cash invested measures 28.37% in year one, and rental yield registers 10.75% at a $859,000 basis. Equity gained on principal adds $5,543/yr, and annual property appreciation at 5% supports $237,326 by year five. Five-year ROI tracks 148.81% and total cumulative return in cash totals $420,567. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $7,692/mo property income relative to a $4,204/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Multi Family

Built in 1901

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