16-41 160 #6-420WhitestoneNY11357
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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 16-41 160 #6-420, Whitestone, NY, 11357 listed at $258,000 pairs $2,100/mo rent with a $1,263/mo payment to leave $377/mo cash flow. Total monthly income runs $2,100/mo, and annual cash flow reaches $4,523/yr on $85,527 cash to close. Return on cash invested measures 25.2% in year one, and rental yield registers 9.77% at a $258,000 basis. Equity gained on principal adds $1,665/yr, and annual property appreciation at 5% supports $71,281 by year five. Five-year ROI tracks 131.85% and total cumulative return in cash totals $112,766. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,100/mo property income relative to a $1,263/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1950
N/A lot
$N/A/sqft
No 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 ID: #957773