30-55 Vernon Blvd #5CLong Island CityNY11102
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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 $3,575/mo, and a $3,744/mo payment. Purchase price stands at $765,000, and rental yield measures 5.61% with $3,575/mo rent. Return on cash invested shows 12.75% in year one, and 5% annual appreciation builds toward $211,355 over five years. Five-year ROI reaches 65.06% and total cumulative return in cash records $163,751. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,575/mo property income covering a $3,744/mo payment rather than investor’s personal income.
Condo
Built in 2025
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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Listed by: Vicki Saali • Global Real Estate Ventures Group LLC
Mls Name: StreetEasy
Mls ID: #S1807781