160-52 Willets Point Blvd FLOOR 1WhitestoneNY11357
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeMost investment properties struggle to clear the 1.25x DSCR minimum. 160-52 Willets Point Blvd FLOOR 1, Whitestone, NY, 11357 in Whitestone clears it at 1.55, a meaningful distinction for the Ziffy Mortgage DSCR approval process. Rental yield 8.36%. Strong coverage makes approval clean and leaves room for vacancy without breaching underwriting thresholds. Five-year appreciation: $57,190; $1,906/yr in principal equity; total projected return: $24,149.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 8.4% | 6.2% |
| Monthly Cash Flow | $(917) | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $1,442 |
| Total Monthly Debt Service | $2,277 |
| DSCR Ratio | 0.63x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1951
N/A lot
$N/A/sqft
$977 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
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
Condo
Built in 1951
N/A lot
$N/A/sqft
$977 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jean O'Gallagher • Douglas Elliman
Mls Name: StreetEasy
Mls ID: #S1712276