21-47 33rd St APT 5EAstoriaNY11105
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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 Astoria at 21-47 33rd St APT 5E, Astoria, NY, 11105 generates $1,930/mo in rent and, after a $1,346/mo payment, leaves $94/mo in cash flow. Total monthly income is $1,930/mo, and annual cash flow is $1,123/yr on $91,163 invested. Return on cash invested sits at 21.14% in year one, and rental yield is 8.42% on a $275,000 entry. Equity gained on principal adds $1,775/yr, while 5% annual appreciation builds toward $75,977 over five years. Five-year ROI reaches 110.11% and total cumulative return in cash sums $100,379. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,930/mo property income rather than buyer’s personal income.
Condo
Built in 1923
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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