18-35 Corporal Kennedy Street #2KQueensNY11360
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
Investment Highlights
Investment property for sale in Queens at 18-35 Corporal Kennedy Street #2K, Queens, NY, 11360 at $450,000 posts ROI 28.8% with $1,106/mo cash flow from $4,111/mo rent. Total monthly income equals $4,111/mo, and annual cash flow records $13,266/yr on $149,175 to close. Return on cash invested measures 28.8% and rental yield reads 10.96% at the current $450,000. Equity gained on principal adds $2,904/yr, and 5% annual appreciation supports $124,327 by year five. Five-year ROI prints 151.18% and total cumulative return in cash totals $225,522.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,111/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1961
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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