11-01 162nd St #6CWhitestoneNY11357
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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 Whitestone at 11-01 162nd St #6C, Whitestone, NY, 11357 listed at $440,900 pairs $3,233/mo rent with a $2,158/mo payment. Total monthly income runs $3,233/mo. Return on cash invested measures 12.53% in year one, and rental yield registers 8.8% at a $440,900 basis. Equity gained on principal adds $2,845/yr, and annual property appreciation at 5% supports $121,813 by year five. Five-year ROI tracks 67.46% and total cumulative return in cash totals $98,597. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,233/mo property income relative to a $2,158/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1958
N/A lot
$N/A/sqft
$1,187 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11357, Whitestone, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,187 (100%) |
| Owner Occupied HU | 10,869 (67.1%) |
| Renter Occupied HU | 4,406 (27.2%) |
| Vacant Housing Units | 912 ( 5.6%) |
| Median Home Value | $933,533 |
| Average Home Value | $975,786 |
Housing Distribution
Address Breakdown
Residential
13,607
Single Family
11,455
Multi-Family
2,152
Businesses
845
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Listed by: N/A • N/A
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