1618 160th StWhitestoneNY11357
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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 1618 160th St, Whitestone, NY, 11357 uses $124,313 cash to close to unlock $13,347/yr annual cash flow and $1,112/mo monthly cash flow. Total monthly income runs $3,616/mo, and a $1,835/mo payment keeps the spread at $1,112/mo. Purchase price stands at $375,000, and rental yield measures 11.57% with $3,616/mo rent. Return on cash invested shows 30.65% in year one, and 5% annual appreciation builds toward $103,606 over five years. Five-year ROI reaches 161.08% and total cumulative return in cash records $200,247. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,616/mo property income covering a $1,835/mo payment rather than investor’s personal income.
Single Family
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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