2-20 Capstan Ct UNIT 102BCollege PtNY11356
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 College Pt at 2-20 Capstan Ct UNIT 102B, College Pt, NY, 11356 offers a 3.85% rental yield on a $486,000 purchase with $1,560/mo rent. 35% in year one. Equity gained on principal adds $3,136/yr while 5% annual appreciation supports $134,273 over five years. Portfolio math shows five-year ROI at 36.17% and total cumulative return in cash at $58,276. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,560/mo property income against a $2,379/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11356, College Point, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,479 (100%) |
| Owner Occupied HU | 4,017 (42.4%) |
| Renter Occupied HU | 4,870 (51.4%) |
| Vacant Housing Units | 592 ( 6.2%) |
| Median Home Value | $874,864 |
| Average Home Value | $916,980 |
Housing Distribution
Address Breakdown
Residential
6,378
Single Family
5,555
Multi-Family
823
Businesses
766
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Wayne Rose • Century Homes Realty Group LLC
Mls Name: StreetEasy
Mls ID: #S1785247