1135 45th Ave APT 2GLong 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 1135 45th Ave APT 2G, Long Island City, NY, 11101 listed at $155,854 pairs $5,230/mo rent with a $763/mo payment to leave $4,189/mo cash flow. Total monthly income runs $5,230/mo, and annual cash flow reaches $50,269/yr on $51,666 cash to close. Return on cash invested measures 117.21% in year one, and rental yield registers 40.27% at a $155,854 basis. Equity gained on principal adds $1,006/yr, and annual property appreciation at 5% supports $43,060 by year five. Five-year ROI tracks 625.36% and total cumulative return in cash totals $323,096. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,230/mo property income relative to a $763/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Apartment
Built in N/A
N/A lot
$N/A/sqft
No 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: N/A • N/A
Mls Name: Zillow Rentals
Mls ID: #N/A