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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Elmhurst at 86-20 57th Rd #5, Elmhurst, NY, 11373 earns from $7,804/mo rent with a $9,730/mo payment. Total monthly income totals $7,804/mo. ROI tracks 10.18% on current figures, and rental yield reads 4.71% at a $1,988,000 purchase. Equity gained on principal adds $12,828/yr, and 5% annual appreciation supports $549,248 over five years. Five-year ROI reaches 51.21% and total cumulative return in cash sums $329,828. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $7,804/mo property income instead of your personal income.
Multi Family
Built in 1986
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 11373, Elmhurst, NY area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 35,494 (100%) |
| Owner Occupied HU | 8,533 (24.0%) |
| Renter Occupied HU | 24,857 (70.0%) |
| Vacant Housing Units | 2,104 ( 5.9%) |
| Median Home Value | $862,050 |
| Average Home Value | $890,952 |
Residential
25,941
Single Family
6,615
Multi-Family
19,326
Businesses
1,674
Date | Event | Price |
|---|---|---|
| 2024-04-12 | Listed for sale | $1,988,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Ana Chan - Licensed Associate Real Estate Broker • Wagner & Kelly Inc
Mls Name: StreetEasy
Mls ID: #1710698
