7115 167th StFresh MeadowsNY11365
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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 Fresh Meadows at 7115 167th St, Fresh Meadows, NY, 11365 offers a 4.53% rental yield on a $1,499,900 purchase with $5,659/mo rent. 61% in year one. Equity gained on principal adds $9,679/yr while 5% annual appreciation supports $414,395 over five years. Portfolio math shows five-year ROI at 48.18% and total cumulative return in cash at $234,160. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,659/mo property income against a $7,341/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1960
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11365, Fresh Meadows, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,014 (100%) |
| Owner Occupied HU | 6,407 (40.0%) |
| Renter Occupied HU | 8,958 (55.9%) |
| Vacant Housing Units | 649 ( 4.1%) |
| Median Home Value | $911,484 |
| Average Home Value | $962,059 |
Housing Distribution
Address Breakdown
Residential
15,102
Single Family
7,926
Multi-Family
7,176
Businesses
560
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Listed by: Leon Fruchtzweig • Keller Williams Realty Landmark
Mls Name: StreetEasy
Mls ID: #S1807916