83-64 Talbot St #3AKew GardensNY11415
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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
Rental property for sale in Kew Gardens at 83-64 Talbot St #3A, Kew Gardens, NY, 11415 generates $1,711/mo in rent and, after a $1,174/mo payment, leaves $109/mo in cash flow. Total monthly income is $1,711/mo, and annual cash flow is $1,310/yr on $79,523 invested. Return on cash invested sits at 21.56% in year one, and rental yield is 8.56% on a $239,888 entry. Equity gained on principal adds $1,548/yr, while 5% annual appreciation builds toward $66,277 over five years. Five-year ROI reaches 112.36% and total cumulative return in cash sums $89,355. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,711/mo property income rather than buyer’s personal income.
Condo
Built in 1933
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11415, Kew Gardens, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,236 (100%) |
| Owner Occupied HU | 3,310 (35.8%) |
| Renter Occupied HU | 5,339 (57.8%) |
| Vacant Housing Units | 587 ( 6.4%) |
| Median Home Value | $544,118 |
| Average Home Value | $745,670 |
Housing Distribution
Address Breakdown
Residential
8,758
Single Family
1,315
Multi-Family
7,443
Businesses
432
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Listed by: Edward A. Penafiel CBR • EXP Realty
Mls Name: eXp Realty
Mls ID: #941014