87-19 129th StRichmond HillNY11418
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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
Total monthly income runs $2,875/mo, and a $4,199/mo payment. Purchase price stands at $858,000, and rental yield measures 4.02% with $2,875/mo rent. Return on cash invested shows 7.93% in year one, and 5% annual appreciation builds toward $237,050 over five years. Five-year ROI reaches 39.2% and total cumulative return in cash records $110,653. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,875/mo property income covering a $4,199/mo payment rather than investor’s personal income.
Multi Family
Built in 1920
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11418, Richmond Hill, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,667 (100%) |
| Owner Occupied HU | 4,364 (34.5%) |
| Renter Occupied HU | 7,498 (59.2%) |
| Vacant Housing Units | 805 ( 6.4%) |
| Median Home Value | $798,961 |
| Average Home Value | $843,414 |
Housing Distribution
Address Breakdown
Residential
8,703
Single Family
5,040
Multi-Family
3,663
Businesses
977
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Listed by: Fei Guo • Skylux Realty, Inc
Mls Name: StreetEasy
Mls ID: #S1697688