94-21 129th StSouth Richmond HillNY11419
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 South Richmond Hill at 94-21 129th St, South Richmond Hill, NY, 11419 listed at $675,000 pairs $6,931/mo rent with a $3,304/mo payment to leave $2,423/mo cash flow. Total monthly income runs $6,931/mo, and annual cash flow reaches $29,079/yr on $222,075 cash to close. Return on cash invested measures 33.15% in year one, and rental yield registers 12.32% at a $675,000 basis. Equity gained on principal adds $4,356/yr, and annual property appreciation at 5% supports $186,490 by year five. Five-year ROI tracks 174.5% and total cumulative return in cash totals $387,519. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $6,931/mo property income relative to a $3,304/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
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
Listed by: Deirdre Folan - Licensed Associate Real Estate Broker • Keller Williams Realty Landmark
Mls Name: StreetEasy
Mls ID: #1698152