97-32 84th 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
Total monthly income runs $4,034/mo, and a $4,106/mo payment. Purchase price stands at $839,000, and rental yield measures 5.77% with $4,034/mo rent. Return on cash invested shows 13.24% in year one, and 5% annual appreciation builds toward $231,800 over five years. Five-year ROI reaches 67.7% and total cumulative return in cash records $186,876. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,034/mo property income covering a $4,106/mo payment rather than investor’s personal income.
Multi Family
Built in 1925
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Yitzhak Cotler • Great Success Realty
Mls Name: StreetEasy
Mls ID: #S1802175