93-42 212th StreetQueens VillageNY11428
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe cash-flow margin at 93-42 212th Street, Queens Village, NY, 11428 in Queens Village is narrow, $141/mo net on $4,816/mo rent after the $3,148/mo debt service, but the property operates at break-even-plus, not a loss. At $699,999 with a 8.26% yield, the long-run equity case via 5% appreciation ($193,397 over five years) and $6,447/yr in principal paydown is where the returns accumulate. Ziffy Mortgage's 1.53 DSCR loan requires no W-2s or U.S. credit. Total projected cumulative return: $276,013.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 8.3% | 6.2% |
| Monthly Cash Flow | $141 | $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 | $4,816 |
| Total Monthly Debt Service | $4,396 |
| DSCR Ratio | 1.10x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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 1915
4,399 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 1915
4,399 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: #997749