2036 47th StreetAstoriaNY11105
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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 $3,360/mo, and a $7,679/mo payment. Purchase price stands at $1,569,000, and rental yield measures 2.57% with $3,360/mo rent. Return on cash invested shows 3.57% in year one, and 5% annual appreciation builds toward $433,486 over five years. Five-year ROI reaches 15.78% and total cumulative return in cash records $80,198. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,360/mo property income covering a $7,679/mo payment rather than investor’s personal income.
Multi Family
Built in 1945
2,400 sqft 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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