








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Rego Park at 98-51 64th Ave APT 4J, Rego Park, NY, 11374 offers a 13.02% rental yield on a $198,000 purchase with $2,149/mo rent. Total monthly income registers $2,149/mo, and a $969/mo payment leaves $272/mo available for distribution. Annual cash flow reaches $3,263/yr on $65,637 to close, and return on cash invested stands at 24.88% in year one. Equity gained on principal adds $1,278/yr while 5% annual appreciation supports $54,704 over five years. Portfolio math shows five-year ROI at 133.81% and total cumulative return in cash at $87,832. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,149/mo property income against a $969/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in N/A
N/A lot
$N/A/sqft
$555 monthly HOA
Neighborhood data shown for ZIP Code: 11374, Rego Park, NY area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,654 (100%) |
| Owner Occupied HU | 8,261 (38.1%) |
| Renter Occupied HU | 11,774 (54.4%) |
| Vacant Housing Units | 1,619 ( 7.5%) |
| Median Home Value | $654,765 |
| Average Home Value | $704,293 |
Residential
20,478
Single Family
3,205
Multi-Family
17,273
Businesses
939
Date | Event | Price |
|---|---|---|
| 2024-10-20 | Listed for sale | $198,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2010-11-13 | N/A | N/A | N/A | N/A |
| 2009-11-13 | N/A | N/A | N/A | N/A |
| 2008-11-13 | N/A | N/A | N/A | N/A |



Listed by: Lior Politi • Corcoran
Mls Name: StreetEasy
Mls ID: #S1739310