119-38 193rd StSaint AlbansNY11412
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderSteady, low-maintenance, and fundable: 119-38 193rd St, Saint Albans, NY, 11412 in Saint Albans at $799,000. Rental yield 7.51%. The 7.51% yield and 1.39 DSCR put this right in the range Ziffy Mortgage approves for non-U.S. investors without W-2s or domestic credit. Appreciation at 5%/yr is projected to add $220,749 by year five, and $7,359/yr in principal reduction steadily grows the investor's stake. Total projected cumulative return: $283,287.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 7.5% | 6.2% |
| Monthly Cash Flow | $(333) | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $5,003 |
| Total Monthly Debt Service | $5,018 |
| DSCR Ratio | 1.00x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1930
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11412, Saint Albans, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,475 (100%) |
| Owner Occupied HU | 7,923 (63.5%) |
| Renter Occupied HU | 3,954 (31.7%) |
| Vacant Housing Units | 598 ( 4.8%) |
| Median Home Value | $636,295 |
| Average Home Value | $675,147 |
Housing Distribution
Address Breakdown
Residential
9,328
Single Family
9,008
Multi-Family
320
Businesses
713
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1930
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11412, Saint Albans, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,475 (100%) |
| Owner Occupied HU | 7,923 (63.5%) |
| Renter Occupied HU | 3,954 (31.7%) |
| Vacant Housing Units | 598 ( 4.8%) |
| Median Home Value | $636,295 |
| Average Home Value | $675,147 |
Housing Distribution
Address Breakdown
Residential
9,328
Single Family
9,008
Multi-Family
320
Businesses
713
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Gabriel Kashi • Keystone Realty USA Corp
Mls Name: StreetEasy
Mls ID: #S1742979