99-10 60th Ave APT 5FCoronaNY11368
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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
Rental property for sale in Corona at 99-10 60th Ave APT 5F, Corona, NY, 11368 generates $1,534/mo in rent and, after a $1,121/mo payment, leaves $5/mo in cash flow. Total monthly income is $1,534/mo, and annual cash flow is $55/yr on $75,914 invested. Return on cash invested sits at 19.98% in year one, and rental yield is 8.04% on a $229,000 entry. Equity gained on principal adds $1,478/yr, while 5% annual appreciation builds toward $63,268 over five years. Five-year ROI reaches 103.89% and total cumulative return in cash sums $78,869. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,534/mo property income rather than buyer’s personal income.
Condo
Built in 1961
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11368, Corona, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 33,238 (100%) |
| Owner Occupied HU | 5,682 (17.1%) |
| Renter Occupied HU | 25,957 (78.1%) |
| Vacant Housing Units | 1,599 ( 4.8%) |
| Median Home Value | $918,489 |
| Average Home Value | $938,312 |
Housing Distribution
Address Breakdown
Residential
22,005
Single Family
6,554
Multi-Family
15,451
Businesses
2,065
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