14-23 31st Ave APT 4EAstoriaNY11102
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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 Astoria at 14-23 31st Ave APT 4E, Astoria, NY, 11102 earns $655/mo cash flow from $3,320/mo rent with a $1,953/mo payment. Total monthly income totals $3,320/mo, and annual cash flow totals $7,865/yr on $132,269 capital. ROI tracks 25.86% on current figures, and rental yield reads 9.98% at a $399,000 purchase. Equity gained on principal adds $2,575/yr, and 5% annual appreciation supports $110,236 over five years. Five-year ROI reaches 135.38% and total cumulative return in cash sums $179,066. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,320/mo property income instead of your personal income.
Condo
Built in 1914
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11102, Astoria, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,240 (100%) |
| Owner Occupied HU | 2,220 (12.2%) |
| Renter Occupied HU | 14,744 (80.8%) |
| Vacant Housing Units | 1,276 ( 7.0%) |
| Median Home Value | $915,878 |
| Average Home Value | $983,519 |
Housing Distribution
Address Breakdown
Residential
16,218
Single Family
2,303
Multi-Family
13,915
Businesses
876
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