790 Floral Park RoadFranklin SquareNY11010
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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 Franklin Square at 790 Floral Park Road, Franklin Square, NY, 11010 with 5% annual appreciation on a $735,000 basis while $7,024/mo rent supports operations. Total monthly income totals $7,024/mo and a $3,597/mo payment preserves $2,116/mo for cash returns. Annual cash flow comes to $25,395/yr on $241,815 deployed, and return on cash invested reaches 30.56% in year one. Equity gained on principal adds $4,743/yr, and five-year appreciation sums $203,067 alongside rental yield of 11.47%. Five-year ROI measures 160.59% and total cumulative return in cash totals $388,332.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $7,024/mo property income versus a $3,597/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1951
6,732 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11010, Franklin Square, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,211 (100%) |
| Owner Occupied HU | 6,665 (81.2%) |
| Renter Occupied HU | 1,258 (15.3%) |
| Vacant Housing Units | 288 ( 3.5%) |
| Median Home Value | $674,982 |
| Average Home Value | $719,112 |
Housing Distribution
Address Breakdown
Residential
7,402
Single Family
7,183
Multi-Family
219
Businesses
677
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Listed by: Joseph Albano • Douglas Elliman Real Estate
Mls Name: OneKey MLS
Mls ID: #932732