12309 20th Ave #2College PointNY11356
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
Investment Highlights
Investment property for sale in College Point at 12309 20th Ave #2, College Point, NY, 11356 listed at $690,000 pairs $3,172/mo rent with a $3,377/mo payment. Total monthly income runs $3,172/mo. Return on cash invested measures 12.47% in year one, and rental yield registers 5.52% at a $690,000 basis. Equity gained on principal adds $4,452/yr, and annual property appreciation at 5% supports $190,634 by year five. Five-year ROI tracks 63.58% and total cumulative return in cash totals $144,332. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,172/mo property income relative to a $3,377/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 1920
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11356, College Point, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,479 (100%) |
| Owner Occupied HU | 4,017 (42.4%) |
| Renter Occupied HU | 4,870 (51.4%) |
| Vacant Housing Units | 592 ( 6.2%) |
| Median Home Value | $874,864 |
| Average Home Value | $916,980 |
Housing Distribution
Address Breakdown
Residential
6,378
Single Family
5,555
Multi-Family
823
Businesses
766
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Anthony Carollo • Carollo Real Estate
Mls Name: StreetEasy
Mls ID: #S1781072