7358 189th StFresh MeadowsNY11366
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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 7358 189th St, Fresh Meadows, NY, 11366 earns from $4,218/mo rent with a $7,283/mo payment. Total monthly income totals $4,218/mo. ROI tracks 6.14% on current figures, and rental yield reads 3.4% at a $1,488,000 purchase. Equity gained on principal adds $9,602/yr, and 5% annual appreciation supports $411,107 over five years. Five-year ROI reaches 29.54% and total cumulative return in cash sums $142,440. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,218/mo property income instead of your personal income.
Single Family
Built in 1940
3,998 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11366, Fresh Meadows, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,761 (100%) |
| Owner Occupied HU | 2,936 (61.7%) |
| Renter Occupied HU | 1,548 (32.5%) |
| Vacant Housing Units | 277 ( 5.8%) |
| Median Home Value | $942,430 |
| Average Home Value | $1,007,801 |
Housing Distribution
Address Breakdown
Residential
4,367
Single Family
3,858
Multi-Family
509
Businesses
489
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Listed by: David Yudell • EXIT REALTY FIRST CHOICE
Mls Name: EXIT Realty broker feed
Mls ID: #958575