2870 Grand Avenue UNIT 25BaldwinNY11510
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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
Investment property for sale in Baldwin at 2870 Grand Avenue UNIT 25, Baldwin, NY, 11510 listed at $248,475 pairs $5,156/mo rent with a $1,216/mo payment to leave $2,747/mo cash flow. Total monthly income runs $5,156/mo, and annual cash flow reaches $32,963/yr on $82,369 cash to close. Return on cash invested measures 59.93% in year one, and rental yield registers 24.9% at a $248,475 basis. Equity gained on principal adds $1,603/yr, and annual property appreciation at 5% supports $68,649 by year five. Five-year ROI tracks 322.04% and total cumulative return in cash totals $265,259. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,156/mo property income relative to a $1,216/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2013
N/A lot
$N/A/sqft
$750 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11510, Baldwin, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,328 (100%) |
| Owner Occupied HU | 9,152 (80.8%) |
| Renter Occupied HU | 1,776 (15.7%) |
| Vacant Housing Units | 400 ( 3.5%) |
| Median Home Value | $613,294 |
| Average Home Value | $641,730 |
Housing Distribution
Address Breakdown
Residential
10,769
Single Family
10,278
Multi-Family
491
Businesses
983
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Nearby investment properties with comparable prices
Listed by: Anthony A Bott • Worth Property Management Inc
Mls Name: OneKey MLS
Mls Provider:
Mls ID: #3547063
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