94-21 129th StSouth Richmond HillNY11419
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 94-21 129th St, South Richmond Hill, NY, 11419 in South Richmond Hill hard to pass up. The 12.32% gross yield on a $675,000 purchase results in $6,931/mo in rent and $2,424/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (2.28). Annual cash flow of $29,084, five-year appreciation of $186,490, and $6,217/yr in equity build-up combine for a projected total cumulative return of $413,388.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 12.3% | 6.2% |
| Monthly Cash Flow | $2,424 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $6,931 |
| Total Monthly Debt Service | $4,239 |
| DSCR Ratio | 1.64x |
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.
Multi Family
Built in 1915
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11419, South Richmond Hill, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,122 (100%) |
| Owner Occupied HU | 6,138 (43.5%) |
| Renter Occupied HU | 7,321 (51.8%) |
| Vacant Housing Units | 663 ( 4.7%) |
| Median Home Value | $716,866 |
| Average Home Value | $773,065 |
Housing Distribution
Address Breakdown
Residential
8,718
Single Family
7,819
Multi-Family
899
Businesses
963
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
Multi Family
Built in 1915
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11419, South Richmond Hill, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,122 (100%) |
| Owner Occupied HU | 6,138 (43.5%) |
| Renter Occupied HU | 7,321 (51.8%) |
| Vacant Housing Units | 663 ( 4.7%) |
| Median Home Value | $716,866 |
| Average Home Value | $773,065 |
Housing Distribution
Address Breakdown
Residential
8,718
Single Family
7,819
Multi-Family
899
Businesses
963
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices