85-04 63rd Drive UNIT 1F1Rego ParkNY11374
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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 Rego Park at 85-04 63rd Drive UNIT 1F1, Rego Park, NY, 11374 earns from $2,785/mo rent with a $2,144/mo payment. Total monthly income totals $2,785/mo. ROI tracks 15.04% on current figures, and rental yield reads 7.63% at a $438,000 purchase. Equity gained on principal adds $2,826/yr, and 5% annual appreciation supports $121,011 over five years. Five-year ROI reaches 78.71% and total cumulative return in cash sums $114,282. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,785/mo property income instead of your personal income.
Condo
Built in 1952
1.23 Acres lot
$N/A/sqft
$449 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11374, Rego Park, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,654 (100%) |
| Owner Occupied HU | 8,261 (38.1%) |
| Renter Occupied HU | 11,774 (54.4%) |
| Vacant Housing Units | 1,619 ( 7.5%) |
| Median Home Value | $654,765 |
| Average Home Value | $704,293 |
Housing Distribution
Address Breakdown
Residential
20,478
Single Family
3,205
Multi-Family
17,273
Businesses
939
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Listed by: Zyra Yu • Sany Realty Group LLC
Mls Name: OneKey MLS
Mls Provider:
Mls ID: #3580716
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