70-02 252nd Street #124BQueensNY11426
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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 Queens at 70-02 252nd Street #124B, Queens, NY, 11426 uses $79,560 cash to close to unlock $10,008/yr annual cash flow and $834/mo monthly cash flow. Total monthly income runs $2,437/mo, and a $1,175/mo payment keeps the spread at $834/mo. Purchase price stands at $240,000, and rental yield measures 12.19% with $2,437/mo rent. Return on cash invested shows 32.49% in year one, and 5% annual appreciation builds toward $66,308 over five years. Five-year ROI reaches 170.94% and total cumulative return in cash records $135,998. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,437/mo property income covering a $1,175/mo payment rather than investor’s personal income.
Condo
Built in 1950
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11426, Bellerose, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,974 (100%) |
| Owner Occupied HU | 4,539 (65.1%) |
| Renter Occupied HU | 2,100 (30.1%) |
| Vacant Housing Units | 335 ( 4.8%) |
| Median Home Value | $710,148 |
| Average Home Value | $714,591 |
Housing Distribution
Address Breakdown
Residential
5,517
Single Family
5,235
Multi-Family
282
Businesses
290
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Listed by: Cristina Beskrownyj • Signature Premier Properties
Mls Name: OneKey MLS
Mls Provider:
Mls ID: #L3577064
Disclaimer: Based on information submitted to the MLS GRID as of 2025-10-24 00:08:26 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#778)