9139 71st AvenueForest HillsNY11375
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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
Rental property for sale in Forest Hills at 9139 71st Avenue, Forest Hills, NY, 11375 generates $6,600/mo in rent and, after a $4,645/mo payment, leaves $263/mo in cash flow. Total monthly income is $6,600/mo, and annual cash flow is $3,151/yr on $312,221 invested. Return on cash invested sits at 21.07% in year one, and rental yield is 8.35% on a $949,000 entry. Equity gained on principal adds $6,124/yr, while 5% annual appreciation builds toward $262,191 over five years. Five-year ROI reaches 109.68% and total cumulative return in cash sums $342,444. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $6,600/mo property income rather than buyer’s personal income.
Single Family
Built in 1925
2,400 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11375, Forest Hills, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 35,178 (100%) |
| Owner Occupied HU | 16,568 (47.1%) |
| Renter Occupied HU | 16,416 (46.7%) |
| Vacant Housing Units | 2,194 ( 6.2%) |
| Median Home Value | $816,287 |
| Average Home Value | $887,843 |
Housing Distribution
Address Breakdown
Residential
33,668
Single Family
6,622
Multi-Family
27,046
Businesses
1,853
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Listed by: Mark Matinale • HomeSmart Premier Living Rlty
Mls Name: OneKey MLS
Mls ID: #951996