9516 87th StOzone ParkNY11416
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 Ozone Park at 9516 87th St, Ozone Park, NY, 11416 earns from $4,207/mo rent with a $6,077/mo payment. Total monthly income totals $4,207/mo. ROI tracks 8.19% on current figures, and rental yield reads 4.07% at a $1,241,600 purchase. Equity gained on principal adds $8,012/yr, and 5% annual appreciation supports $343,031 over five years. Five-year ROI reaches 40.54% and total cumulative return in cash sums $163,072. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,207/mo property income instead of your personal income.
Multi Family
Built in 2007
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11416, Ozone Park, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,539 (100%) |
| Owner Occupied HU | 3,066 (35.9%) |
| Renter Occupied HU | 4,964 (58.1%) |
| Vacant Housing Units | 509 ( 6.0%) |
| Median Home Value | $764,242 |
| Average Home Value | $831,089 |
Housing Distribution
Address Breakdown
Residential
4,750
Single Family
4,017
Multi-Family
733
Businesses
546
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: Douglas Elliman
Mls Provider:
Mls ID: #861016