6817 Groton StForest 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
Total monthly income runs $5,831/mo, and a $5,849/mo payment. Purchase price stands at $1,195,000, and rental yield measures 5.86% with $5,831/mo rent. Return on cash invested shows 13.71% in year one, and 5% annual appreciation builds toward $330,156 over five years. Five-year ROI reaches 70.15% and total cumulative return in cash records $271,598. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,831/mo property income covering a $5,849/mo payment rather than investor’s personal income.
Single Family
Built in 1930
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: Esther Harris • Remax City Square
Mls Name: StreetEasy
Mls ID: #S1807108