








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in Long Island City at 11-02 49th Ave #9E, Long Island City, NY, 11101 generates $5,719/mo in rent, after a $5,629/mo payment. Total monthly income is $5,719/mo. Return on cash invested sits at 14.05% in year one, and rental yield is 5.97% on a $1,150,000 entry. Equity gained on principal adds $7,421/yr, while 5% annual appreciation builds toward $317,724 over five years. Five-year ROI reaches 72.02% and total cumulative return in cash sums $268,329. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,719/mo property income rather than buyer’s personal income.
Condo
Built in 2008
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 11101, Long Island City, NY area.
| 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 |
Residential
30,207
Single Family
1,107
Multi-Family
29,100
Businesses
3,935
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Michele Massotti • Modern Spaces
Mls Name: StreetEasy
Mls ID: #S1775844