24-65 38th St #A3AstoriaNY11103
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 24-65 38th St #A3, Astoria, NY, 11103 listed at $1,185,000 pairs $8,222/mo rent with a $5,800/mo payment. Total monthly income runs $8,222/mo. Return on cash invested measures 16.54% in year one, and rental yield registers 8.33% at a $1,185,000 basis. Equity gained on principal adds $7,647/yr, and annual property appreciation at 5% supports $327,394 by year five. Five-year ROI tracks 87.09% and total cumulative return in cash totals $334,374. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $8,222/mo property income relative to a $5,800/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1929
N/A lot
$N/A/sqft
$1,533 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11103, Astoria, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,550 (100%) |
| Owner Occupied HU | 2,418 (13.0%) |
| Renter Occupied HU | 15,022 (81.0%) |
| Vacant Housing Units | 1,110 ( 6.0%) |
| Median Home Value | $1,059,461 |
| Average Home Value | $1,156,904 |
Housing Distribution
Address Breakdown
Residential
15,158
Single Family
3,818
Multi-Family
11,340
Businesses
1,500
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices