1 Toms Point Lane apt C Building 1Pt WashingtonNY11050
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowAt 1.91, 1 Toms Point Lane apt C Building 1, Pt Washington, NY, 11050 in Pt Washington sits at the top of Ziffy Mortgage's DSCR coverage band, a significant advantage for non-U.S. buyers closing without domestic income documentation. Rental yield 10.33%. The 10.33% yield is backed by 5% annual appreciation projecting $93,659 in value gain, plus $3,122/yr in principal reduction. Total projected cumulative return: $171,343.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 10.3% | 6.2% |
| Monthly Cash Flow | $(627) | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $2,917 |
| Total Monthly Debt Service | $2,129 |
| DSCR Ratio | 1.37x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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.
Condo
Built in 1965
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11050, Port Washington, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,976 (100%) |
| Owner Occupied HU | 7,573 (63.2%) |
| Renter Occupied HU | 3,694 (30.8%) |
| Vacant Housing Units | 709 ( 5.9%) |
| Median Home Value | $988,902 |
| Average Home Value | $1,161,958 |
Housing Distribution
Address Breakdown
Residential
11,462
Single Family
10,102
Multi-Family
1,360
Businesses
1,262
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
Condo
Built in 1965
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11050, Port Washington, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,976 (100%) |
| Owner Occupied HU | 7,573 (63.2%) |
| Renter Occupied HU | 3,694 (30.8%) |
| Vacant Housing Units | 709 ( 5.9%) |
| Median Home Value | $988,902 |
| Average Home Value | $1,161,958 |
Housing Distribution
Address Breakdown
Residential
11,462
Single Family
10,102
Multi-Family
1,360
Businesses
1,262
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Phyllis Realmuto • Daniel Gale Sothebys Intl Rlty
Mls Name: OneKey MLS
Mls ID: #956507