81-49 268th Street #290BNew Hyde ParkNY11040
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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 New Hyde Park at 81-49 268th Street #290B, New Hyde Park, NY, 11040 listed at $299,000 pairs $2,028/mo rent with a $1,463/mo payment to leave $32/mo cash flow. Total monthly income runs $2,028/mo, and annual cash flow reaches $381/yr on $99,119 cash to close. Return on cash invested measures 20.29% in year one, and rental yield registers 8.14% at a $299,000 basis. Equity gained on principal adds $1,929/yr, and annual property appreciation at 5% supports $82,608 by year five. Five-year ROI tracks 105.53% and total cumulative return in cash totals $104,602. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,028/mo property income relative to a $1,463/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1950
N/A lot
$N/A/sqft
No HOA
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
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Listed by: Una Walsh • Floral Homes Inc
Mls Name: OneKey MLS
Mls ID: #900877