2601 4th St UNIT 2BAstoriaNY11102
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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
Total monthly income runs $4,350/mo, and a $4,740/mo payment. Purchase price stands at $968,400, and rental yield measures 5.39% with $4,350/mo rent. Return on cash invested shows 10.75% in year one, and 5% annual appreciation builds toward $267,551 over five years. Five-year ROI reaches 54.81% and total cumulative return in cash records $174,642. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,350/mo property income covering a $4,740/mo payment rather than investor’s personal income.
Condo
Built in 2024
N/A lot
$N/A/sqft
$356 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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