7548 Parsons Boulevard #2AFresh 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 #2A, Fresh Meadows, NY, 11366 listed at $658,000 pairs $3,000/mo rent with a $3,221/mo payment. Total monthly income runs $3,000/mo. Return on cash invested measures 12.33% in year one, and rental yield registers 5.47% at a $658,000 basis. Equity gained on principal adds $4,246/yr, and annual property appreciation at 5% supports $181,793 by year five. Five-year ROI tracks 62.82% and total cumulative return in cash totals $136,001. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,000/mo property income relative to a $3,221/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
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: Yen Huang • RE/MAX 1st Choice
Mls Name: OneKey MLS
Mls ID: #952356