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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Elmhurst at 79-01 45 Avenue, Elmhurst, NY, 11373 offers a 2.61% rental yield on a $1,800,000 purchase with $3,920/mo rent. 7% in year one. Equity gained on principal adds $11,615/yr while 5% annual appreciation supports $497,307 over five years. Portfolio math shows five-year ROI at 16.49% and total cumulative return in cash at $96,167. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,920/mo property income against a $8,810/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1940
1,938 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 11373, Elmhurst, NY area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 35,494 (100%) |
| Owner Occupied HU | 8,533 (24.0%) |
| Renter Occupied HU | 24,857 (70.0%) |
| Vacant Housing Units | 2,104 ( 5.9%) |
| Median Home Value | $862,050 |
| Average Home Value | $890,952 |
Residential
25,941
Single Family
6,615
Multi-Family
19,326
Businesses
1,674
Date | Event | Price |
|---|---|---|
| 2024-06-18 | Listed for sale | $1,800,000 |
| 2017-07-12 | Sold | $1,400,000 |
| 2011-04-27 | Listing removed | $1,250 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-02-13 | N/A | N/A | $91,440 | -1.61% |
| 2022-02-13 | N/A | N/A | $92,940 | 7.79% |
| 2021-02-13 | N/A | N/A | $86,220 | 2.64% |
What's Special
Finished
Listed by: Yat Cheung Lam • Graceful Realty LLC
Mls Name: OneKey MLS
Mls Provider:
Mls ID: #L3559889
Disclaimer: The data relating to real estate for sale or lease on this web site comes in part from OneKey MLS. Real estate listings held by brokerage firms other than Zillow, Inc are marked with the OneKey MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2025 OneKey MLS. All rights reserved.
