1 Bay Club Dr APT 18XBaysideNY11360
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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 Bayside at 1 Bay Club Dr APT 18X, Bayside, NY, 11360 priced at $1,150,000 pairs $5,045/mo rent with after a $5,629/mo payment. Total monthly income equals $5,045/mo. Return on cash invested is 11.88% in year one, and rental yield stands at 5.26% on a $1,150,000 basis. Equity gained on principal adds $7,421/yr, and 5% annual appreciation accumulates to $317,724 by year five. Five-year ROI measures 60.37% and total cumulative return in cash reaches $224,949. For financing, Ziffy Mortgage’s DSCR program evaluates $5,045/mo property income against a $5,629/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1983
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11360, Bayside, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,496 (100%) |
| Owner Occupied HU | 6,336 (66.7%) |
| Renter Occupied HU | 2,598 (27.4%) |
| Vacant Housing Units | 562 ( 5.9%) |
| Median Home Value | $742,463 |
| Average Home Value | $801,650 |
Housing Distribution
Address Breakdown
Residential
8,782
Single Family
4,071
Multi-Family
4,711
Businesses
319
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