88-30 79th AvenueGlendaleNY11385
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Glendale at 88-30 79th Avenue, Glendale, NY, 11385 earns from $3,599/mo rent with a $4,400/mo payment. Total monthly income totals $3,599/mo. ROI tracks 10.31% on current figures, and rental yield reads 4.8% at a $899,000 purchase. Equity gained on principal adds $5,801/yr, and 5% annual appreciation supports $248,377 over five years. Five-year ROI reaches 51.95% and total cumulative return in cash sums $153,658. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,599/mo property income instead of your personal income.
Multi Family
Built in 1930
2,767 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11385, Ridgewood, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 39,077 (100%) |
| Owner Occupied HU | 10,033 (25.7%) |
| Renter Occupied HU | 26,467 (67.7%) |
| Vacant Housing Units | 2,577 ( 6.6%) |
| Median Home Value | $895,061 |
| Average Home Value | $939,291 |
Housing Distribution
Address Breakdown
Residential
26,993
Single Family
12,493
Multi-Family
14,500
Businesses
2,575
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices