28-05 21st Ave #3FAMILYAstoriaNY11105
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestment property for sale in Astoria at 28-05 21st Ave #3FAMILY, Astoria, NY, 11105 projects strong ROI of 0.99%. Rental yield 1.89%. With 5% annual appreciation, the property builds $588,203 in value over five years. Equity growth combined delivers a projected five-year ROI of 18.82%, translating into $113,184 in total cumulative return on $601,443 invested capital. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 1.9% | 6.2% |
| Monthly Cash Flow | $(10,857) | $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 | $3,360 |
| Total Monthly Debt Service | $13,370 |
| DSCR Ratio | 0.25x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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.
Multi Family
Built in 1955
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11105, Astoria, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,106 (100%) |
| Owner Occupied HU | 3,992 (22.0%) |
| Renter Occupied HU | 12,940 (71.5%) |
| Vacant Housing Units | 1,174 ( 6.5%) |
| Median Home Value | $1,119,252 |
| Average Home Value | $1,143,281 |
Housing Distribution
Address Breakdown
Residential
12,912
Single Family
5,303
Multi-Family
7,609
Businesses
1,100
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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
Multi Family
Built in 1955
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11105, Astoria, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,106 (100%) |
| Owner Occupied HU | 3,992 (22.0%) |
| Renter Occupied HU | 12,940 (71.5%) |
| Vacant Housing Units | 1,174 ( 6.5%) |
| Median Home Value | $1,119,252 |
| Average Home Value | $1,143,281 |
Housing Distribution
Address Breakdown
Residential
12,912
Single Family
5,303
Multi-Family
7,609
Businesses
1,100
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices