7787 Langdale StreetQueensNY11040
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Nearby investment properties with comparable prices
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 Queens at 7787 Langdale Street, Queens, NY, 11040 listed at $789,000 pairs $3,720/mo rent with a $3,862/mo payment. Total monthly income runs $3,720/mo. Return on cash invested measures 12.9% in year one, and rental yield registers 5.66% at a $789,000 basis. Equity gained on principal adds $5,091/yr, and annual property appreciation at 5% supports $217,986 by year five. Five-year ROI tracks 65.86% and total cumulative return in cash totals $170,950. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,720/mo property income relative to a $3,862/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1955
4,000 sqft lot
$N/A/sqft
No HOA
More details about the property
Neighborhood Data
Neighborhood data shown for ZIP Code: 11040, New Hyde Park, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,897 (100%) |
| Owner Occupied HU | 11,794 (84.9%) |
| Renter Occupied HU | 1,591 (11.4%) |
| Vacant Housing Units | 512 ( 3.7%) |
| Median Home Value | $824,675 |
| Average Home Value | $844,167 |
Housing Distribution
Address Breakdown
Residential
13,586
Single Family
13,028
Multi-Family
558
Businesses
1,369
Price History
Date | Event | Price |
|---|---|---|
| 2025-05-27 | Listed for sale | $789,000 |
| 1997-10-14 | Sold | $200,000 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-28 | N/A | N/A | $38,580 | -13.34% |
| 2023-05-28 | N/A | N/A | $44,520 | 17.41% |
| 2022-05-28 | N/A | N/A | $37,920 | -6.51% |
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Facts & Features
General Information
- Type: SingleFamily
- Year Built: 1955
- Architectural Style: Cape Cod
- Building Area: 949
- Living Area: 949 sqft
- Property Condition: Updated/Remodeled
Features & Amenities
- Heating: Ducts, Forced Air
- Cooling: Ductwork
- Flooring: Carpet, Hardwood
- Interior Features: First Floor Bedroom, First Floor Full Bath, Ceiling Fan(s), Eat-in Kitchen, Entrance Foyer, His and Hers Closets, Primary Bathroom, Master Downstairs, Storage, Walk Through Kitchen
- Exterior Features: N/A
- Parking Features: Driveway
Location
HOA & Fees
- HOA Fee: N/A
- Association Fee: N/A
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Trash Collection Public, Water Connected
- Sewer: Public Sewer
- Water Source: Public
- Road Surface Type: N/A
School Information
- Elementary School: James J Ambrose School
- Middle School: Irwin Altman Middle School 172
- High School: Martin Van Buren High School
What's Special
None
Listed by: Unsoo Lee • Promise Realty LLC
Mls Name: OneKey MLS
Mls Provider:
Mls ID: #863600
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