67-30 Clyde St APT 2CForest HillsNY11375
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
Investment Highlights
Investment property for sale in Forest Hills at 67-30 Clyde St APT 2C, Forest Hills, NY, 11375 listed at $559,000 pairs $4,744/mo rent with a $2,736/mo payment to leave $1,011/mo cash flow. Total monthly income runs $4,744/mo, and annual cash flow reaches $12,133/yr on $183,911 cash to close. Return on cash invested measures 26.66% in year one, and rental yield registers 10.18% at a $559,000 basis. Equity gained on principal adds $3,607/yr, and annual property appreciation at 5% supports $154,441 by year five. Five-year ROI tracks 139.67% and total cumulative return in cash totals $256,863. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,744/mo property income relative to a $2,736/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1953
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11375, Forest Hills, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 35,178 (100%) |
| Owner Occupied HU | 16,568 (47.1%) |
| Renter Occupied HU | 16,416 (46.7%) |
| Vacant Housing Units | 2,194 ( 6.2%) |
| Median Home Value | $816,287 |
| Average Home Value | $887,843 |
Housing Distribution
Address Breakdown
Residential
33,668
Single Family
6,622
Multi-Family
27,046
Businesses
1,853
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Yael Goldman • Brown Harris Stevens Forest Hills LLC
Mls Name: StreetEasy
Mls ID: #S1798936