209-80 18th Ave #3EBaysideNY11360
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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
Rental property for sale in Bayside at 209-80 18th Ave #3E, Bayside, NY, 11360 generates $1,668/mo in rent, after a $1,165/mo payment. Total monthly income is $1,668/mo. Return on cash invested sits at 2.59% in year one, and rental yield is 8.41% on a $238,000 entry. Equity gained on principal adds $1,536/yr, while 5% annual appreciation builds toward $65,755 over five years. Five-year ROI reaches 17.35% and total cumulative return in cash sums $13,690. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,668/mo property income rather than buyer’s personal income.
Condo
Built in N/A
N/A lot
$N/A/sqft
$1,217 monthly 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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