15- 41 159 Th Street UNIT 6-59WhitestoneNY11357
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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 15- 41 159 Th Street UNIT 6-59, Whitestone, NY, 11357 offers a 12.04% rental yield on a $302,000 purchase with $3,030/mo rent. 58% in year one. Equity gained on principal adds $1,949/yr while 5% annual appreciation supports $83,437 over five years. Portfolio math shows five-year ROI at 96.24% and total cumulative return in cash at $96,352. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,030/mo property income against a $1,478/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1950
N/A lot
$N/A/sqft
$1,208 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: Alfred C Baione • New York Residential R E
Mls Name: OneKey MLS
Mls Provider:
Mls ID: #3589397
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