22-30 College Point Boulevard UNIT 2ECollege PtNY11356
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 College Pt at 22-30 College Point Boulevard UNIT 2E, College Pt, NY, 11356 offers a 9.19% rental yield on a $549,000 purchase with $4,205/mo rent. Total monthly income registers $4,205/mo, and a $2,687/mo payment leaves $360/mo available for distribution. Annual cash flow reaches $4,319/yr on $180,621 to close, and return on cash invested stands at 22.45% in year one. Equity gained on principal adds $3,543/yr while 5% annual appreciation supports $151,679 over five years. Portfolio math shows five-year ROI at 117.51% and total cumulative return in cash at $212,252. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,205/mo property income against a $2,687/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2019
10,000 sqft lot
$N/A/sqft
$179 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11356, College Point, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,479 (100%) |
| Owner Occupied HU | 4,017 (42.4%) |
| Renter Occupied HU | 4,870 (51.4%) |
| Vacant Housing Units | 592 ( 6.2%) |
| Median Home Value | $874,864 |
| Average Home Value | $916,980 |
Housing Distribution
Address Breakdown
Residential
6,378
Single Family
5,555
Multi-Family
823
Businesses
766
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Bing Liu • Chase Global Realty Corp
Mls Name: OneKey MLS
Mls Provider:
Mls ID: #3540798
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