84-33 260th StFloral ParkNY11001
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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 Floral Park at 84-33 260th St, Floral Park, NY, 11001 listed at $1,088,000 pairs $3,953/mo rent with a $5,325/mo payment. Total monthly income runs $3,953/mo. Return on cash invested measures 9.09% in year one, and rental yield registers 4.36% at a $1,088,000 basis. Equity gained on principal adds $7,021/yr, and annual property appreciation at 5% supports $300,594 by year five. Five-year ROI tracks 45.41% and total cumulative return in cash totals $160,064. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,953/mo property income relative to a $5,325/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1940
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11001, Floral Park, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,093 (100%) |
| Owner Occupied HU | 7,391 (73.2%) |
| Renter Occupied HU | 2,292 (22.7%) |
| Vacant Housing Units | 410 ( 4.1%) |
| Median Home Value | $777,870 |
| Average Home Value | $801,033 |
Housing Distribution
Address Breakdown
Residential
8,579
Single Family
7,975
Multi-Family
604
Businesses
639
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Listed by: William Liu • East Coast New York Inc
Mls Name: StreetEasy
Mls ID: #S1745182