84-01 Main St #716QueensNY11435
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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 Queens at 84-01 Main St #716, Queens, NY, 11435 earns from $2,773/mo rent with a $1,566/mo payment. Total monthly income totals $2,773/mo. ROI tracks 12.08% on current figures, and rental yield reads 10.4% at a $320,000 purchase. Equity gained on principal adds $2,065/yr, and 5% annual appreciation supports $88,410 over five years. Five-year ROI reaches 66.99% and total cumulative return in cash sums $71,067. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,773/mo property income instead of your personal income.
Condo
Built in 1956
N/A lot
$N/A/sqft
$1,328 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11435, Jamaica, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,638 (100%) |
| Owner Occupied HU | 6,697 (31.0%) |
| Renter Occupied HU | 13,332 (61.6%) |
| Vacant Housing Units | 1,609 ( 7.4%) |
| Median Home Value | $634,231 |
| Average Home Value | $680,680 |
Housing Distribution
Address Breakdown
Residential
17,432
Single Family
6,269
Multi-Family
11,163
Businesses
1,155
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