73-20 263rd Street #GGlen OaksNY11004
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 Glen Oaks at 73-20 263rd Street #G, Glen Oaks, NY, 11004 listed at $445,000 pairs $2,936/mo rent with a $2,178/mo payment. Total monthly income runs $2,936/mo. Return on cash invested measures 19.62% in year one, and rental yield registers 7.92% at a $445,000 basis. Equity gained on principal adds $2,872/yr, and annual property appreciation at 5% supports $122,945 by year five. Five-year ROI tracks 101.94% and total cumulative return in cash totals $150,380. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,936/mo property income relative to a $2,178/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1950
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11004, Glen Oaks, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,803 (100%) |
| Owner Occupied HU | 3,190 (66.4%) |
| Renter Occupied HU | 1,383 (28.8%) |
| Vacant Housing Units | 230 ( 4.8%) |
| Median Home Value | $613,482 |
| Average Home Value | $655,926 |
Housing Distribution
Address Breakdown
Residential
4,805
Single Family
4,675
Multi-Family
130
Businesses
267
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices