9803 197th StHollisNY11423
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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
Total monthly income runs $3,698/mo, and a $5,074/mo payment. Purchase price stands at $1,036,600, and rental yield measures 4.28% with $3,698/mo rent. Return on cash invested shows 8.85% in year one, and 5% annual appreciation builds toward $286,393 over five years. Five-year ROI reaches 44.09% and total cumulative return in cash records $148,090. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,698/mo property income covering a $5,074/mo payment rather than investor’s personal income.
Multi Family
Built in 1920
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11423, Hollis, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,462 (100%) |
| Owner Occupied HU | 5,444 (52.0%) |
| Renter Occupied HU | 4,569 (43.7%) |
| Vacant Housing Units | 449 ( 4.3%) |
| Median Home Value | $712,709 |
| Average Home Value | $771,654 |
Housing Distribution
Address Breakdown
Residential
7,900
Single Family
5,545
Multi-Family
2,355
Businesses
519
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