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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 8208 Pettit Ave, Elmhurst, NY, 11373 listed at $1,338,000 pairs $3,924/mo rent with a $6,549/mo payment. Total monthly income runs $3,924/mo. Return on cash invested measures 6.5% in year one, and rental yield registers 3.52% at a $1,338,000 basis. Equity gained on principal adds $8,634/yr, and annual property appreciation at 5% supports $369,665 by year five. Five-year ROI tracks 31.48% and total cumulative return in cash totals $136,482. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,924/mo property income relative to a $6,549/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 1925
2,500 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 |
|---|---|---|
| 1997-08-07 | Sold | $260,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-11-02 | N/A | N/A | $80,280 | 1.98% |
| 2023-11-02 | N/A | N/A | $78,720 | -4.79% |
| 2022-11-02 | N/A | N/A | $82,680 | 20.67% |
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A
