23-22 30th Rd #1DAstoriaNY11102
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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 23-22 30th Rd #1D, Astoria, NY, 11102 generates $3,847/mo in rent and, after a $1,938/mo payment, leaves $671/mo in cash flow. Total monthly income is $3,847/mo, and annual cash flow is $8,050/yr on $131,274 invested. Return on cash invested sits at 26.04% in year one, and rental yield is 11.66% on a $396,000 entry. Equity gained on principal adds $2,555/yr, while 5% annual appreciation builds toward $109,408 over five years. Five-year ROI reaches 138.13% and total cumulative return in cash sums $181,328. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,847/mo property income rather than buyer’s personal income.
Condo
Built in 1988
N/A lot
$N/A/sqft
$532 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11102, Astoria, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,240 (100%) |
| Owner Occupied HU | 2,220 (12.2%) |
| Renter Occupied HU | 14,744 (80.8%) |
| Vacant Housing Units | 1,276 ( 7.0%) |
| Median Home Value | $915,878 |
| Average Home Value | $983,519 |
Housing Distribution
Address Breakdown
Residential
16,218
Single Family
2,303
Multi-Family
13,915
Businesses
876
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