211-40 18th Ave APT 6CBaysideNY11360
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 211-40 18th Ave APT 6C, Bayside, NY, 11360 uses $117,683 cash to close to unlock $971/yr annual cash flow and $81/mo monthly cash flow. Total monthly income runs $2,452/mo, and a $1,738/mo payment keeps the spread at $81/mo. Purchase price stands at $355,000, and rental yield measures 8.29% with $2,452/mo rent. Return on cash invested shows 20.73% in year one, and 5% annual appreciation builds toward $98,080 over five years. Five-year ROI reaches 107.91% and total cumulative return in cash records $126,996. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,452/mo property income covering a $1,738/mo payment rather than investor’s personal income.
Condo
Built in N/A
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices