88-30 182nd St UNIT 1EHollisNY11423
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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 Hollis at 88-30 182nd St UNIT 1E, Hollis, NY, 11423 listed at $139,000 pairs $1,111/mo rent with a $680/mo payment to leave $183/mo cash flow. Total monthly income runs $1,111/mo, and annual cash flow reaches $2,197/yr on $46,079 cash to close. Return on cash invested measures 24.68% in year one, and rental yield registers 9.59% at a $139,000 basis. Equity gained on principal adds $897/yr, and annual property appreciation at 5% supports $38,403 by year five. Five-year ROI tracks 129.16% and total cumulative return in cash totals $59,516. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,111/mo property income relative to a $680/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1955
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11423, Hollis, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,462 (100%) |
| Owner Occupied HU | 5,444 (52.0%) |
| Renter Occupied HU | 4,569 (43.7%) |
| Vacant Housing Units | 449 ( 4.3%) |
| Median Home Value | $712,709 |
| Average Home Value | $771,654 |
Housing Distribution
Address Breakdown
Residential
7,900
Single Family
5,545
Multi-Family
2,355
Businesses
519
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