84-20 51st Ave #5ElmhurstNY11373
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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 Elmhurst at 84-20 51st Ave #5, Elmhurst, NY, 11373 earns $347/mo cash flow from $2,504/mo rent with a $1,581/mo payment. Total monthly income totals $2,504/mo, and annual cash flow totals $4,164/yr on $107,075 capital. ROI tracks 23.8% on current figures, and rental yield reads 9.3% at a $323,000 purchase. Equity gained on principal adds $2,084/yr, and 5% annual appreciation supports $89,239 over five years. Five-year ROI reaches 124.32% and total cumulative return in cash sums $133,113. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,504/mo property income instead of your personal income.
Condo
Built in 1961
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11373, Elmhurst, NY area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
25,941
Single Family
6,615
Multi-Family
19,326
Businesses
1,674
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