99-45 60 Ave #2ACoronaNY11368
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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
Investment property for sale in Corona at 99-45 60 Ave #2A, Corona, NY, 11368 earns $41/mo cash flow from $1,704/mo rent with a $1,219/mo payment. Total monthly income totals $1,704/mo, and annual cash flow totals $491/yr on $82,544 capital. ROI tracks 20.5% on current figures, and rental yield reads 8.21% at a $249,000 purchase. Equity gained on principal adds $1,607/yr, and 5% annual appreciation supports $68,794 over five years. Five-year ROI reaches 106.66% and total cumulative return in cash sums $88,040. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,704/mo property income instead of your personal income.
Condo
Built in 1962
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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Listed by: Cheng Shang • Douglas Elliman Real Estate
Mls Name: OneKey MLS
Mls Provider:
Mls ID: #843423
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