82 Spruce AvenueFloral ParkNY11001
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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 Floral Park at 82 Spruce Avenue, Floral Park, NY, 11001 at $899,000 posts ROI 23.7% with $897/mo cash flow from $6,900/mo rent. Total monthly income equals $6,900/mo, and annual cash flow records $10,761/yr on $295,771 to close. Return on cash invested measures 23.7% and rental yield reads 9.21% at the current $899,000. Equity gained on principal adds $5,801/yr, and 5% annual appreciation supports $248,377 by year five. Five-year ROI prints 123.77% and total cumulative return in cash totals $366,070.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $6,900/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1948
5,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11001, Floral Park, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,093 (100%) |
| Owner Occupied HU | 7,391 (73.2%) |
| Renter Occupied HU | 2,292 (22.7%) |
| Vacant Housing Units | 410 ( 4.1%) |
| Median Home Value | $777,870 |
| Average Home Value | $801,033 |
Housing Distribution
Address Breakdown
Residential
8,579
Single Family
7,975
Multi-Family
604
Businesses
639
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Listed by: James F. Earley • Howard Hanna Coach
Mls Name: OneKey MLS
Mls ID: #951948