9019 218th StreetQueens VillageNY11428
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayThe investment thesis at 9019 218th Street, Queens Village, NY, 11428 in Queens Village is capital appreciation. Rental yield 3.42%. The 3.42% gross yield at $780,000 falls below cash-flow thresholds, but 5% annual value growth is forecast to deliver $215,500 in additional equity by year five, an equity gain that can outpace many higher-yield markets. Ziffy Mortgage finances appreciation-play assets via DSCR (0.63) without U.S. credit history; structure with a larger down payment to optimise coverage. Total projected return: $105,496.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 3.4% | 6.2% |
| Monthly Cash Flow | $(2,983) | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $2,226 |
| Total Monthly Debt Service | $4,898 |
| DSCR Ratio | 0.45x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1930
3,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11428, Queens Village, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,758 (100%) |
| Owner Occupied HU | 3,642 (63.3%) |
| Renter Occupied HU | 1,829 (31.8%) |
| Vacant Housing Units | 287 ( 5.0%) |
| Median Home Value | $670,860 |
| Average Home Value | $711,679 |
Housing Distribution
Address Breakdown
Residential
4,929
Single Family
4,369
Multi-Family
560
Businesses
512
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
Single Family
Built in 1930
3,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11428, Queens Village, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,758 (100%) |
| Owner Occupied HU | 3,642 (63.3%) |
| Renter Occupied HU | 1,829 (31.8%) |
| Vacant Housing Units | 287 ( 5.0%) |
| Median Home Value | $670,860 |
| Average Home Value | $711,679 |
Housing Distribution
Address Breakdown
Residential
4,929
Single Family
4,369
Multi-Family
560
Businesses
512
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: OneKey MLS as distributed by MLS GRID
Mls ID: #1000994