Rental Property Investment Analysis

Investment metrics for 13004 97th Ave, South Richmond Hill, NY 11419

zillow MultiFamily
📍 13004 97th Ave, South Richmond Hill, NY 11419
$994,100
📐 2,244 sqft
18 / 100
Deal Score
F High Risk Investment
Grade F · 18/100
Monthly Cash Flow
$-762
After all expenses
Cap Rate
5.31%
Below 6% threshold
Monthly Rent
$6,450/mo
Estimated
Total Expenses
$7,212/mo
All-in monthly
Cash-on-Cash
-4.00%
Low return
Annual Cash Flow
$-9,149
Per year

Break-Even Analysis

Break-Even Rent
$7,212 / mo
Minimum monthly rent needed to cover all estimated expenses

Area Lifestyle & Investment Notes

  • Dense residential blocks featuring attached homes and traditional housing styles provide a stable environment for long-term rental demand.
  • Access to major transit arteries and subway lines offers essential connectivity for residents commuting into central business districts.
  • Extensive commercial avenues provide a wealth of local services and diverse retail options within easy walking distance for residents.

Key Takeaway

Investor Summary
Under current assumptions, this property is a high-risk rental investment (18/100) with a negative cash flow of $-762/mo. A meaningfully lower purchase price or stronger rent performance would likely be needed to make this deal work.

Analysis Summary

This MultiFamily at 13004 97th Ave, South Richmond Hill, NY 11419 is listed at $994,100 and 2,244 sq ft.

The estimated monthly rent is $6,450, generating a negative monthly cash flow of $-762 after all expenses — including mortgage, taxes, insurance, maintenance, and vacancy reserves.

The cap rate is 5.31% and the cash-on-cash return is -4.00%. This deal received a score of 18/100 (Grade F: High Risk Investment).

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