88-09 Northern Blvd APT 504East ElmhurstNY11369
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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 East Elmhurst at 88-09 Northern Blvd APT 504, East Elmhurst, NY, 11369 earns $525/mo cash flow from $2,962/mo rent with a $1,786/mo payment. Total monthly income totals $2,962/mo, and annual cash flow totals $6,301/yr on $120,998 capital. ROI tracks 25.12% on current figures, and rental yield reads 9.74% at a $365,000 purchase. Equity gained on principal adds $2,355/yr, and 5% annual appreciation supports $100,843 over five years. Five-year ROI reaches 131.44% and total cumulative return in cash sums $159,043. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,962/mo property income instead of your personal income.
Condo
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11369, East Elmhurst, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,661 (100%) |
| Owner Occupied HU | 5,344 (42.2%) |
| Renter Occupied HU | 6,442 (50.9%) |
| Vacant Housing Units | 875 ( 6.9%) |
| Median Home Value | $830,833 |
| Average Home Value | $834,560 |
Housing Distribution
Address Breakdown
Residential
7,855
Single Family
5,529
Multi-Family
2,326
Businesses
348
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Listed by: Luz Galvan • RE MAX Team
Mls Name: StreetEasy
Mls ID: #S1792203