67-09 218th St #DOakland GardensNY11364
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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 Oakland Gardens at 67-09 218th St #D, Oakland Gardens, NY, 11364 uses $145,827 cash to close to unlock $6,366/yr annual cash flow and $531/mo monthly cash flow. Total monthly income runs $3,468/mo, and a $2,153/mo payment keeps the spread at $531/mo. Purchase price stands at $439,900, and rental yield measures 9.46% with $3,468/mo rent. Return on cash invested shows 24.27% in year one, and 5% annual appreciation builds toward $121,536 over five years. Five-year ROI reaches 126.9% and total cumulative return in cash records $185,055. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,468/mo property income covering a $2,153/mo payment rather than investor’s personal income.
Condo
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11364, Oakland Gardens, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,934 (100%) |
| Owner Occupied HU | 9,197 (66.0%) |
| Renter Occupied HU | 4,149 (29.8%) |
| Vacant Housing Units | 588 ( 4.2%) |
| Median Home Value | $771,586 |
| Average Home Value | $758,637 |
Housing Distribution
Address Breakdown
Residential
12,823
Single Family
10,449
Multi-Family
2,374
Businesses
441
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Listed by: Thomas Price • Keller Williams Realty of Greater Nassau
Mls Name: StreetEasy
Mls ID: #S1799764