7548 Parsons Boulevard #1CFresh 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 7548 Parsons Boulevard #1C, Fresh Meadows, NY, 11366 earns from $3,000/mo rent with a $3,025/mo payment. Total monthly income totals $3,000/mo. ROI tracks 13.41% on current figures, and rental yield reads 5.83% at a $618,000 purchase. Equity gained on principal adds $3,988/yr, and 5% annual appreciation supports $170,742 over five years. Five-year ROI reaches 68.59% and total cumulative return in cash sums $139,463. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,000/mo property income instead of your personal income.
Condo
Built in 2015
N/A 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: Rongfu Xu • Blossom Realty
Mls Name: OneKey MLS
Mls ID: #941068