22-54 46th St #704AstoriaNY11105
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 Astoria at 22-54 46th St #704, Astoria, NY, 11105 offers a 3.02% rental yield on a $1,335,000 purchase with $3,360/mo rent. 79% in year one. Equity gained on principal adds $8,615/yr while 5% annual appreciation supports $368,836 over five years. Portfolio math shows five-year ROI at 7.38% and total cumulative return in cash at $31,932. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,360/mo property income against a $6,534/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2023
N/A lot
$N/A/sqft
$1,143 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices