94-26 Magnolia Ct #3BOzone ParkNY11417
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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
Investment property for sale in Ozone Park at 94-26 Magnolia Ct #3B, Ozone Park, NY, 11417 uses $197,071 cash to close to unlock $5,361/yr annual cash flow and $447/mo monthly cash flow. Total monthly income runs $4,447/mo, and a $2,932/mo payment keeps the spread at $447/mo. Purchase price stands at $599,000, and rental yield measures 8.91% with $4,447/mo rent. Return on cash invested shows 22.78% in year one, and 5% annual appreciation builds toward $165,493 over five years. Five-year ROI reaches 118.85% and total cumulative return in cash records $234,226. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,447/mo property income covering a $2,932/mo payment rather than investor’s personal income.
Condo
Built in 2005
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11417, Ozone Park, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,068 (100%) |
| Owner Occupied HU | 4,716 (46.8%) |
| Renter Occupied HU | 4,818 (47.9%) |
| Vacant Housing Units | 534 ( 5.3%) |
| Median Home Value | $732,315 |
| Average Home Value | $799,661 |
Housing Distribution
Address Breakdown
Residential
6,950
Single Family
6,094
Multi-Family
856
Businesses
629
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Listed by: N/A • N/A
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