1785 215th St APT 4BFlushingNY11360
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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
Total monthly income runs $2,424/mo, and a $1,835/mo payment. Purchase price stands at $375,000, and rental yield measures 7.76% with $2,424/mo rent. Return on cash invested shows 19.14% in year one, and 5% annual appreciation builds toward $103,606 over five years. Five-year ROI reaches 99.39% and total cumulative return in cash records $123,555. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,424/mo property income covering a $1,835/mo payment rather than investor’s personal income.
Condo
Built in 1969
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11360, Bayside, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,496 (100%) |
| Owner Occupied HU | 6,336 (66.7%) |
| Renter Occupied HU | 2,598 (27.4%) |
| Vacant Housing Units | 562 ( 5.9%) |
| Median Home Value | $742,463 |
| Average Home Value | $801,650 |
Housing Distribution
Address Breakdown
Residential
8,782
Single Family
4,071
Multi-Family
4,711
Businesses
319
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