94-43 113th 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 94-43 113th St, South Richmond Hill, NY, 11419 earns from $7,777/mo rent with a $5,873/mo payment. Total monthly income totals $7,777/mo. ROI tracks 19.64% on current figures, and rental yield reads 7.78% at a $1,199,999 purchase. Equity gained on principal adds $7,743/yr, and 5% annual appreciation supports $331,538 over five years. Five-year ROI reaches 101.96% and total cumulative return in cash sums $396,407. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $7,777/mo property income instead of your personal income.
Multi Family
Built in 2004
2,722 sqft 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
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Nearby investment properties with comparable prices
Listed by: Kelvin Mohan • Park Assets Real Estate Corp
Mls Name: OneKey MLS
Mls Provider:
Mls ID: #3565539
Disclaimer: The data relating to real estate for sale or lease on this web site comes in part from OneKey MLS. Real estate listings held by brokerage firms other than Zillow, Inc are marked with the OneKey MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2024 OneKey MLS. All rights reserved.