70-03 52nd Ave, Maspeth, NY, 11378 | 5.39% Rental Yield

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Monthly Cash Flow: 1 - 3k+

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70-03 52nd Ave, Maspeth, NY, 11378 | 5.39% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

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 Maspeth at 70-03 52nd Ave, Maspeth, NY, 11378 offers a 5.39% rental yield on a $828,000 purchase with $3,720/mo rent. 09% in year one. Equity gained on principal adds $5,343/yr while 5% annual appreciation supports $228,761 over five years. Portfolio math shows five-year ROI at 61.52% and total cumulative return in cash at $167,594. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,720/mo property income against a $4,053/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1950

N/A lot

$N/A/sqft

No HOA

More details about the property

WELCOME TO THIS CHARMING BRICK SINGLE-FAMILY HOME, NESTLED IN MASPETH, WITH A LOT SIZE OF 18x100 AND A BUILDING DIMENSION OF 18x30 THIS PROPERTY ENJOYS LOW PROPERTY TAX. THIS HOME OFFERS A COMFORTABLE AND FUNCTIONAL LAYOUT. ON THE FIRST FLOOR, YOU'LL FIND AN OPEN CONCEPT LIVING AREA THAT SEAMLESSLY INTEGRATES THE LIVING ROOM, DINING AREA, AND KITCHEN, CREATING A SPACIOUS AND INVITING ENVIRONMENT PERFECT FOR ENTERTAINING AND DAILY LIVING. THE KITCHEN AND BATHROOMS FEATURE PRACTICAL TILE FLOORING, WHILE THE REST OF THE HOME BOASTS BEAUTIFUL HARDWOOD FLOORS THROUGHOUT. UPSTAIRS, THE SECOND FLOOR ENJOYS THREE WELL-SIZED BEDROOMS AND A FULL BATHROOM, PROVIDING AMPLE SPACE FOR FAMILY AND GUESTS. THE FINISHED BASEMENT PROVIDES ADDITIONAL LIVING SPACE AND HAS ITS OWN SEPARATE ENTRANCE, MAKING IT IDEAL FOR A VARIETY OF USES SUCH AS A RECREATION ROOM OR HOME OFFICE. ENJOY GOOD NATURAL LIGHT THROUGHOUT THE HOME, ENHANCING THE BRIGHT AND AIRY FEEL OF EACH ROOM. THE BACKYARD IS A HIGHLIGHT, ACCOMMODATING UP TO FOUR CARS, MAKING PARKING EASY AND CONVENIENT. ADDITIONAL NYC CONSTRUCTION ALLOWANCE- (APPROVED BUT MUST BE RENEWED WALLTO WALL COVERED BACKYARD WITH TERRACE ON IT AND INDEPENDENT FAMILY ROOM UNIT-NOTE MUST BE RENEWED AND VERIFIED INDEPENDENTLY) CONVENIENTLY LOCATED NEAR TRANSPORTATION, HOUSES OF WORSHIP AND MORE. FAVORABLE NYC ACI (ADDITIONAL CONSTRUCTION INDEX APPROVED BUT MUST BE RENEWED WALL TO WALL COVERED BACKYARD WITH TERRACE AND INDEPENDENT FAMILY ROOM ) LARGEST 4-CAR PARKING. NEAR TRANSPORTATION, SHOPPING AND MORE.

Neighborhood Data

Neighborhood data shown for ZIP Code: 11378, Maspeth, NY area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	14,641 (100%)
Owner Occupied HU	6,295 (43.0%)
Renter Occupied HU	7,386 (50.4%)
Vacant Housing Units	960 ( 6.6%)
Median Home Value	$868,742
Average Home Value	$899,708