2514 Crescent St #1AstoriaNY11102
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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 2514 Crescent St #1, Astoria, NY, 11102 priced at $1,750,000 converts $5,161/mo rent into after a $8,565/mo obligation. Total monthly income equals $5,161/mo. Return on cash invested prints 6.56% in year one, and rental yield reads 3.54% against a $1,750,000 entry. Equity gained on principal adds $11,292/yr, while 5% annual appreciation compiles into $483,493 by year five. Five-year ROI reaches 31.82% and total cumulative return in cash sums $180,441. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,161/mo property income covering a $8,565/mo payment, not borrower’s personal income.
Multi Family
Built in 1925
N/A lot
$N/A/sqft
No 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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