2001 37th StLong Island CityNY11105
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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 Long Island City at 2001 37th St, Long Island City, NY, 11105 listed at $1,288,000 pairs $6,264/mo rent with a $6,304/mo payment. Total monthly income runs $6,264/mo. Return on cash invested measures 13.65% in year one, and rental yield registers 5.84% at a $1,288,000 basis. Equity gained on principal adds $8,311/yr, and annual property appreciation at 5% supports $355,851 by year five. Five-year ROI tracks 69.84% and total cumulative return in cash totals $291,460. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $6,264/mo property income relative to a $6,304/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 1940
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11105, Astoria, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,106 (100%) |
| Owner Occupied HU | 3,992 (22.0%) |
| Renter Occupied HU | 12,940 (71.5%) |
| Vacant Housing Units | 1,174 ( 6.5%) |
| Median Home Value | $1,119,252 |
| Average Home Value | $1,143,281 |
Housing Distribution
Address Breakdown
Residential
12,912
Single Family
5,303
Multi-Family
7,609
Businesses
1,100
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Listed by: Bianca Colasuonno • Compass
Mls Name: StreetEasy
Mls ID: #S1760948