76-33 Commonwealth Blvd #ABelleroseNY11426
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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 Bellerose at 76-33 Commonwealth Blvd #A, Bellerose, NY, 11426 offers a 9.2% rental yield on a $399,000 purchase with $3,060/mo rent. Total monthly income registers $3,060/mo, and a $1,953/mo payment leaves $395/mo available for distribution. Annual cash flow reaches $4,745/yr on $132,269 to close, and return on cash invested stands at 23.5% in year one. Equity gained on principal adds $2,575/yr while 5% annual appreciation supports $110,236 over five years. Portfolio math shows five-year ROI at 122.73% and total cumulative return in cash at $162,338. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,060/mo property income against a $1,953/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1947
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11426, Bellerose, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,974 (100%) |
| Owner Occupied HU | 4,539 (65.1%) |
| Renter Occupied HU | 2,100 (30.1%) |
| Vacant Housing Units | 335 ( 4.8%) |
| Median Home Value | $710,148 |
| Average Home Value | $714,591 |
Housing Distribution
Address Breakdown
Residential
5,517
Single Family
5,235
Multi-Family
282
Businesses
290
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