86-10 34th Ave APT 624, Jackson Heights, NY, 11372 | $542/mo Cash Flow

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86-10 34th Ave APT 624, Jackson Heights, NY, 11372 | $542/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Jackson Heights at 86-10 34th Ave APT 624, Jackson Heights, NY, 11372 earns $542/mo cash flow from $2,872/mo rent with a $1,708/mo payment. Total monthly income totals $2,872/mo, and annual cash flow totals $6,499/yr on $115,694 capital. ROI tracks 25.53% on current figures, and rental yield reads 9.88% at a $349,000 purchase. Equity gained on principal adds $2,252/yr, and 5% annual appreciation supports $96,422 over five years. Five-year ROI reaches 133.63% and total cumulative return in cash sums $154,596. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,872/mo property income instead of your personal income.

Condo

Built in 1937

N/A lot

$N/A/sqft

No HOA

More details about the property

Welcome to the Griswold a beautiful prewar building in the heart of Jackson Heights. With enormous amount of space this one bedroom apartment has beautiful original hardwood floors, vaulted ceilings, ample bedroom, tub in bathroom, lots of lighting, & great closet space! Move in just as is or buy and make it your own at your own pace or right away!! The amenities are the cherry on top; with laundry in basement, live in super, private courtyard, child's play room, conference center, private pet yard area and intercom system. Owner is relocating and will consider selling furnishings (except artwork). On Location: The center of all. La Guardia at 10 mins, shopping, dining, convenience stores, pharmacy stores, schools, buses & trains are all at your footstep. If you want to live close to the city and not pay city prices you will be within 15-20 mins from the city!! Just Perfect.

Neighborhood Data

Neighborhood data shown for ZIP Code: 11372, Jackson Heights, NY area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	26,163 (100%)
Owner Occupied HU	8,913 (34.1%)
Renter Occupied HU	15,967 (61.0%)
Vacant Housing Units	1,283 ( 4.9%)
Median Home Value	$581,835
Average Home Value	$683,675