21015 23rd Avenue #3BBaysideNY11360
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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 Bayside at 21015 23rd Avenue #3B, Bayside, NY, 11360 earns $105/mo cash flow from $1,768/mo rent with a $1,219/mo payment. Total monthly income totals $1,768/mo, and annual cash flow totals $1,259/yr on $82,544 capital. ROI tracks 21.43% on current figures, and rental yield reads 8.52% at a $249,000 purchase. Equity gained on principal adds $1,607/yr, and 5% annual appreciation supports $68,794 over five years. Five-year ROI reaches 111.66% and total cumulative return in cash sums $92,168. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,768/mo property income instead of your personal income.
Condo
Built in 1954
N/A lot
$N/A/sqft
No 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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