78-2 32nd AveEast ElmhurstNY11370
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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 East Elmhurst at 78-2 32nd Ave, East Elmhurst, NY, 11370 at $1,550,000 posts ROI 10.1% with from $6,054/mo rent. Total monthly income equals $6,054/mo. Return on cash invested measures 10.1% and rental yield reads 4.69% at the current $1,550,000. Equity gained on principal adds $10,002/yr, and 5% annual appreciation supports $428,236 by year five. Five-year ROI prints 50.82% and total cumulative return in cash totals $255,205. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $6,054/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Multi Family
Built in 1925
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11370, East Elmhurst, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,647 (100%) |
| Owner Occupied HU | 4,231 (39.7%) |
| Renter Occupied HU | 5,718 (53.7%) |
| Vacant Housing Units | 698 ( 6.6%) |
| Median Home Value | $876,118 |
| Average Home Value | $926,655 |
Housing Distribution
Address Breakdown
Residential
6,719
Single Family
5,323
Multi-Family
1,396
Businesses
254
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Listed by: Anna Diaz - Licensed Associate Real Estate Broker • RE MAX Team
Mls Name: StreetEasy
Mls ID: #1732314