88-10 32nd Ave #201East 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 88-10 32nd Ave #201, East Elmhurst, NY, 11369 earns $633/mo cash flow from $3,097/mo rent with a $1,806/mo payment. Total monthly income totals $3,097/mo, and annual cash flow totals $7,595/yr on $122,324 capital. ROI tracks 26.12% on current figures, and rental yield reads 10.07% at a $369,000 purchase. Equity gained on principal adds $2,381/yr, and 5% annual appreciation supports $101,948 over five years. Five-year ROI reaches 136.77% and total cumulative return in cash sums $167,307. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,097/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: Vilma Lissette Abreu • RE MAX Team
Mls Name: StreetEasy
Mls ID: #S1773459