7350 Bell Blvd APT 5GOakland GardensNY11364
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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 Oakland Gardens at 7350 Bell Blvd APT 5G, Oakland Gardens, NY, 11364 uses $86,190 cash to close to unlock $13,408/yr annual cash flow and $1,117/mo monthly cash flow. Total monthly income runs $3,593/mo, and a $1,273/mo payment keeps the spread at $1,117/mo. Purchase price stands at $259,999, and rental yield measures 16.58% with $3,593/mo rent. Return on cash invested shows 35.47% in year one, and 5% annual appreciation builds toward $71,833 over five years. Five-year ROI reaches 190.68% and total cumulative return in cash records $164,345. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,593/mo property income covering a $1,273/mo payment rather than investor’s personal income.
Condo
Built in 1952
N/A lot
$N/A/sqft
$739 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11364, Oakland Gardens, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,934 (100%) |
| Owner Occupied HU | 9,197 (66.0%) |
| Renter Occupied HU | 4,149 (29.8%) |
| Vacant Housing Units | 588 ( 4.2%) |
| Median Home Value | $771,586 |
| Average Home Value | $758,637 |
Housing Distribution
Address Breakdown
Residential
12,823
Single Family
10,449
Multi-Family
2,374
Businesses
441
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Listed by: Jessica Akde-Elmazi - Licensed Associate Real Estate Broker • Compass
Mls Name: StreetEasy
Mls ID: #1718620