26-01 4th St #IAstoriaNY11102
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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 26-01 4th St #I, Astoria, NY, 11102 offers $6,385/mo rent that, after a $3,602/mo payment, leaves $1,227/mo cash flow. Total monthly income is $6,385/mo, and annual cash flow is $14,720/yr on $242,111 cash. Return on cash invested measures 26.14% in year one, and rental yield stands at 10.41% at a $735,900 entry. Equity gained on principal adds $4,749/yr while 5% annual appreciation compounds into $203,316 by year five. Five-year ROI records 137.31% and total cumulative return in cash reaches $332,431. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $6,385/mo property income versus a $3,602/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 2021
N/A lot
$N/A/sqft
$244 monthly 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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