23-45 Bell Blvd #4KBaysideNY11360
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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
Investment property for sale in Bayside at 23-45 Bell Blvd #4K, Bayside, NY, 11360 uses $79,560 cash to close to unlock $396/yr annual cash flow and $33/mo monthly cash flow. Total monthly income runs $1,636/mo, and a $1,175/mo payment keeps the spread at $33/mo. Purchase price stands at $240,000, and rental yield measures 8.18% with $1,636/mo rent. Return on cash invested shows 20.41% in year one, and 5% annual appreciation builds toward $66,308 over five years. Five-year ROI reaches 106.14% and total cumulative return in cash records $84,446. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,636/mo property income covering a $1,175/mo payment rather than investor’s personal income.
Condo
Built in 1961
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
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