3083 Crescent St APT 7ALong 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
Investment property for sale in Long Island City at 3083 Crescent St APT 7A, Long Island City, NY, 11102 earns from $2,716/mo rent with a $2,276/mo payment. Total monthly income totals $2,716/mo. ROI tracks 16.88% on current figures, and rental yield reads 7.01% at a $465,000 purchase. Equity gained on principal adds $3,001/yr, and 5% annual appreciation supports $128,471 over five years. Five-year ROI reaches 87.23% and total cumulative return in cash sums $134,459. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,716/mo property income instead of your personal income.
Condo
Built in 1928
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: Michelle Jean • Corcoran
Mls Name: StreetEasy
Mls ID: #S1805565