1643 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 1643 160th St, Whitestone, NY, 11357 earns $68/mo cash flow from $1,596/mo rent with a $1,120/mo payment. Total monthly income totals $1,596/mo, and annual cash flow totals $814/yr on $75,876 capital. ROI tracks 20.98% on current figures, and rental yield reads 8.37% at a $228,888 purchase. Equity gained on principal adds $1,477/yr, and 5% annual appreciation supports $63,238 over five years. Five-year ROI reaches 109.24% and total cumulative return in cash sums $82,890. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,596/mo property income instead of your personal income.
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: Cynthia Macaluso • E & M REAL ESTATE
Mls Name: NY State MLS
Mls ID: #11556416