84-39 60th DriveMiddle VillageNY11379
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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 Middle Village at 84-39 60th Drive, Middle Village, NY, 11379 listed at $1,648,000 pairs $3,120/mo rent with a $8,066/mo payment. Total monthly income runs $3,120/mo. Return on cash invested measures 2.65% in year one, and rental yield registers 2.27% at a $1,648,000 basis. Equity gained on principal adds $10,634/yr, and annual property appreciation at 5% supports $455,312 by year five. Five-year ROI tracks 10.85% and total cumulative return in cash totals $57,925. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,120/mo property income relative to a $8,066/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 2005
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11379, Middle Village, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,630 (100%) |
| Owner Occupied HU | 7,671 (49.1%) |
| Renter Occupied HU | 6,844 (43.8%) |
| Vacant Housing Units | 1,115 ( 7.1%) |
| Median Home Value | $883,890 |
| Average Home Value | $923,614 |
Housing Distribution
Address Breakdown
Residential
11,256
Single Family
9,197
Multi-Family
2,059
Businesses
632
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Listed by: Xun Lin • New Group Realty Inc
Mls Name: OneKey MLS
Mls ID: #951887