23-30 Corporal Kennedy St #84, Bayside, NY, 11360 | $1,861/mo Cash Flow

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23-30 Corporal Kennedy St #84, Bayside, NY, 11360 | $1,861/mo Cash Flow | Ziffy

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NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Bayside at 23-30 Corporal Kennedy St #84, Bayside, NY, 11360 generates $7,018/mo in rent and, after a $3,421/mo payment, leaves $1,861/mo in cash flow. Total monthly income is $7,018/mo, and annual cash flow is $22,337/yr on $229,971 invested. Return on cash invested sits at 29.77% in year one, and rental yield is 12.05% on a $699,000 entry. Equity gained on principal adds $4,511/yr, while 5% annual appreciation builds toward $193,121 over five years. Five-year ROI reaches 157.28% and total cumulative return in cash sums $361,706. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $7,018/mo property income rather than buyer’s personal income.

Condo

Built in N/A

N/A lot

$N/A/sqft

$489 monthly HOA

More details about the property

Investor Special or Customize to Your Taste! Unleash your creativity and renovation skills on this spacious home in the coveted Bayside TownHouse Condo community, nestled in Bay Terrace, Bayside. This largest "D" LINE unit offers three expansive floors, featuring 4 bedrooms, 2.5 baths, a full basement, and private outdoor space, including a backyard and an assigned parking spot right at your doorstep. Located near The Bay Terrace shopping center, Throggs Neck Bridge, major highways (Long Island Expressway, Clearview Expressway, Cross Island Parkway), and public transportation options (LIRR, Q28, QM20, QM32, QM2), this property ensures convenience and accessibility. Fort Totten and Crocheron Park are also nearby, providing additional recreational options. The well-maintained condo community handles exterior upkeep such as water, landscaping, cleaning, snow removal, garbage collection, and roof maintenance. Enjoy the spacious layout of a townhouse with the added benefits of condo living in a dog-friendly environment. Sold As-Is, this home offers a beautiful and spacious layout, combining the amenities of a private house with the convenience of a condo. Centrally located, just 35 minutes from NYC or Long Island Beaches, near parks with bike paths and green spaces. Welcome to your next project! This rare D Line unit features so much potential to create your ideal living space. Your next home awaits!

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