2014 29th 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
Total monthly income runs $4,955/mo, and a $7,777/mo payment. Purchase price stands at $1,589,000, and rental yield measures 3.74% with $4,955/mo rent. Return on cash invested shows 7.19% in year one, and 5% annual appreciation builds toward $439,011 over five years. Five-year ROI reaches 35.18% and total cumulative return in cash records $181,134. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,955/mo property income covering a $7,777/mo payment rather than investor’s personal income.
Single Family
Built in 1931
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: Joseph Ferone • TMT Realty Group
Mls Name: StreetEasy
Mls ID: #S1798088