1063 Jackson Ave APT 3DLong Island CityNY11101
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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
Investment property for sale in Long Island City at 1063 Jackson Ave APT 3D, Long Island City, NY, 11101 earns from $7,638/mo rent with a $7,337/mo payment. Total monthly income totals $7,638/mo. ROI tracks 10.52% on current figures, and rental yield reads 6.11% at a $1,499,000 purchase. Equity gained on principal adds $9,673/yr, and 5% annual appreciation supports $414,146 over five years. Five-year ROI reaches 54.5% and total cumulative return in cash sums $264,681. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $7,638/mo property income instead of your personal income.
Condo
Built in 2008
N/A lot
$N/A/sqft
$1,614 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11101, Long Island City, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 29,671 (100%) |
| Owner Occupied HU | 2,801 ( 9.4%) |
| Renter Occupied HU | 23,413 (78.9%) |
| Vacant Housing Units | 3,457 (11.7%) |
| Median Home Value | $1,141,450 |
| Average Home Value | $1,179,647 |
Housing Distribution
Address Breakdown
Residential
30,207
Single Family
1,107
Multi-Family
29,100
Businesses
3,935
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Listed by: Rui Li • Corcoran
Mls Name: StreetEasy
Mls ID: #S1739493