2355 Pershing Boulevard UNIT 505BaldwinNY11510
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowFew Baldwin rentals match the income profile of 2355 Pershing Boulevard UNIT 505, Baldwin, NY, 11510. Listed at $398,999, gross rent is $8,578/mo and net cash flow is $4,690/mo, a 25.8% yield well above national averages. DSCR 4.78 means Ziffy Mortgage can approve your loan on the property's income alone, bypassing personal income verification. The 5% annual appreciation trend adds $110,236 by year five with $3,675/yr in annual principal reduction, projecting $459,329 in total cumulative return.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 25.8% | 6.2% |
| Monthly Cash Flow | $4,690 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $8,578 |
| Total Monthly Debt Service | $3,729 |
| DSCR Ratio | 2.30x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Townhouse
Built in 1986
N/A lot
$N/A/sqft
$1,223 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11510, Baldwin, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,328 (100%) |
| Owner Occupied HU | 9,152 (80.8%) |
| Renter Occupied HU | 1,776 (15.7%) |
| Vacant Housing Units | 400 ( 3.5%) |
| Median Home Value | $613,294 |
| Average Home Value | $641,730 |
Housing Distribution
Address Breakdown
Residential
10,769
Single Family
10,278
Multi-Family
491
Businesses
983
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
Townhouse
Built in 1986
N/A lot
$N/A/sqft
$1,223 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11510, Baldwin, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,328 (100%) |
| Owner Occupied HU | 9,152 (80.8%) |
| Renter Occupied HU | 1,776 (15.7%) |
| Vacant Housing Units | 400 ( 3.5%) |
| Median Home Value | $613,294 |
| Average Home Value | $641,730 |
Housing Distribution
Address Breakdown
Residential
10,769
Single Family
10,278
Multi-Family
491
Businesses
983
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices