84-01 37th Ave #300Jackson HeightsNY11372
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
Rental property for sale in Jackson Heights at 84-01 37th Ave #300, Jackson Heights, NY, 11372 generates $2,866/mo in rent, after a $2,349/mo payment. Total monthly income is $2,866/mo. Return on cash invested sits at 15.69% in year one, and rental yield is 7.17% on a $480,000 entry. Equity gained on principal adds $3,097/yr, while 5% annual appreciation builds toward $132,615 over five years. Five-year ROI reaches 81.43% and total cumulative return in cash sums $129,569. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,866/mo property income rather than buyer’s personal income.
Condo
Built in 2012
N/A lot
$N/A/sqft
$221 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11372, Jackson Heights, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,163 (100%) |
| Owner Occupied HU | 8,913 (34.1%) |
| Renter Occupied HU | 15,967 (61.0%) |
| Vacant Housing Units | 1,283 ( 4.9%) |
| Median Home Value | $581,835 |
| Average Home Value | $683,675 |
Housing Distribution
Address Breakdown
Residential
23,743
Single Family
2,757
Multi-Family
20,986
Businesses
2,095
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sharon Zhang • Wilk Real Estate I LLC.
Mls Name: BNYMLS
Mls Provider:
Mls ID: #490789
Disclaimer: The property information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the participating Brokers.