9960 63rd Rd APT 14E, Rego Park, NY, 11374 | 7.97% Rental Yield

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9960 63rd Rd APT 14E, Rego Park, NY, 11374 | 7.97% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Rego Park at 9960 63rd Rd APT 14E, Rego Park, NY, 11374 listed at $399,999 pairs $2,658/mo rent with a $1,958/mo payment. Total monthly income runs $2,658/mo. Return on cash invested measures 8.39% in year one, and rental yield registers 7.97% at a $399,999 basis. Equity gained on principal adds $2,581/yr, and annual property appreciation at 5% supports $110,512 by year five. Five-year ROI tracks 45.87% and total cumulative return in cash totals $60,819. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,658/mo property income relative to a $1,958/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Condo

Built in N/A

N/A lot

$N/A/sqft

$1,259 monthly HOA

More details about the property

Location Location Location. Stunning Renovated 2-Bedroom with Skyline & Fireworks Views in the Heart of Rego Park. Welcome to Anita Terrace, one of Rego Parks most desirable and pet-friendly co-op communities. Nestled in the vibrant center of Rego Park, this sun-drenched 2-bedroom, 1-bath apartment offers open east and south exposures, filling the space with natural light all day long. Enjoy breathtaking skyline and lake views, and even watch holiday fireworks from the comfort of your own home! Key Features: Fully renovated in late 2022 Upgraded with brand-new appliances Thoughtfully designed interiors with a warm, modern feel Bright, airy layout perfect for relaxing after a long day Full-Service Building Amenities Include: Dual elevators On-site security patrol, 24/7 video surveillance, doorman booth, and intercom system Fitness center, laundry room, parking garage, landscaped garden, and childrens playground Public transportation: Half a block to Q38 bus and QM10/11/40 express buses to Manhattan Close to 63rd Drive Rego Park Station and 67th Avenue Station (E/F/M/R subway lines) Easy access to the LIRR for quick regional travel Live Among Convenience: Steps from Costco, Rego Center Mall, grocery stores, salons, banks, cafes, and top local restaurants A walkable, vibrant neighborhood perfect for both convenience and lifestyle This home truly blends comfort, style, and urban accessibility, offering a welcoming space for families, professionals, or anyone seeking a dynamic Queens lifestyle. Dont miss out, bring your family and schedule a showing today!

Neighborhood Data

Neighborhood data shown for ZIP Code: 11374, Rego Park, NY area.

Housing Distribution

Housing Statistics

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