80-06 47th Avenue #1ElmhurstNY11373
Nearby investment properties with comparable rents
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 Elmhurst at 80-06 47th Avenue #1, Elmhurst, NY, 11373 listed at $566,500 pairs $2,557/mo rent with a $2,773/mo payment. Total monthly income runs $2,557/mo. Return on cash invested measures 9.62% in year one, and rental yield registers 5.42% at a $566,500 basis. Equity gained on principal adds $3,656/yr, and annual property appreciation at 5% supports $156,514 by year five. Five-year ROI tracks 49.21% and total cumulative return in cash totals $91,710. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,557/mo property income relative to a $2,773/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1980
N/A lot
$N/A/sqft
$395 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11373, Elmhurst, NY area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
25,941
Single Family
6,615
Multi-Family
19,326
Businesses
1,674
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Listed by: Yu Li • Chase Global Realty Corp
Mls Name: OneKey MLS
Mls Provider:
Mls ID: #L3572720
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