85-37 89th StWoodhavenNY11421
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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 Woodhaven at 85-37 89th St, Woodhaven, NY, 11421 offers a 5.81% rental yield on a $896,300 purchase with $4,343/mo rent. 38% in year one. Equity gained on principal adds $5,784/yr while 5% annual appreciation supports $247,631 over five years. Portfolio math shows five-year ROI at 68.42% and total cumulative return in cash at $201,770. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,343/mo property income against a $4,387/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1901
2,016 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11421, Woodhaven, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,210 (100%) |
| Owner Occupied HU | 5,817 (44.0%) |
| Renter Occupied HU | 6,673 (50.5%) |
| Vacant Housing Units | 720 ( 5.5%) |
| Median Home Value | $763,964 |
| Average Home Value | $773,555 |
Housing Distribution
Address Breakdown
Residential
9,035
Single Family
6,703
Multi-Family
2,332
Businesses
610
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