77-39 252nd St #1, Bellerose, NY, 11426 | 6.91% Rental Yield

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77-39 252nd St #1, Bellerose, NY, 11426 | 6.91% Rental Yield | Ziffy

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NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Bellerose at 77-39 252nd St #1, Bellerose, NY, 11426 offers a 6.91% rental yield on a $958,000 purchase with $5,520/mo rent. 72% in year one. Equity gained on principal adds $6,182/yr while 5% annual appreciation supports $264,678 over five years. Portfolio math shows five-year ROI at 86.35% and total cumulative return in cash at $272,153. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,520/mo property income against a $4,689/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1940

N/A lot

$N/A/sqft

No HOA

More details about the property

Bellerose, located near little neck parkway within great 26th School District. The property includes 3 bedrooms, office and 2.5 bathrooms, with a lot size of 40 x 100 and an interior space of 1,560 sqft. Zoned as R3X for potential two family expansion. the home underwent a major renovation in 2014, updating the plumbing and electrical system. New heating system, new roof and central air conditioning. Additional highlights include a finished basement and attic, private driveway, and sprinkler system. The property is conveniently situated close to public transportation, schools, parks, supermarkets, and shopping centers. Low Tax!

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