16342 17th Avenue #4-310WhitestoneNY11357
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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 16342 17th Avenue #4-310, Whitestone, NY, 11357 offers a 9.99% rental yield on a $296,000 purchase with $2,464/mo rent. Total monthly income registers $2,464/mo, and a $1,449/mo payment leaves $487/mo available for distribution. Annual cash flow reaches $5,846/yr on $98,124 to close, and return on cash invested stands at 25.87% in year one. Equity gained on principal adds $1,910/yr while 5% annual appreciation supports $81,779 over five years. Portfolio math shows five-year ROI at 135.46% and total cumulative return in cash at $132,916. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,464/mo property income against a $1,449/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
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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Nearby investment properties with comparable prices
Listed by: Javier Enriquez • Douglas Elliman Real Estate
Mls Name: OneKey MLS
Mls Provider:
Mls ID: #818661
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