33-34 29th StreetAstoriaNY11106
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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
Rental property for sale in Astoria at 33-34 29th Street, Astoria, NY, 11106 generates $7,565/mo in rent, after a $7,337/mo payment. Total monthly income is $7,565/mo. Return on cash invested sits at 14.33% in year one, and rental yield is 6.06% on a $1,499,000 entry. Equity gained on principal adds $9,673/yr, while 5% annual appreciation builds toward $414,146 over five years. Five-year ROI reaches 73.47% and total cumulative return in cash sums $356,829. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $7,565/mo property income rather than buyer’s personal income.
Townhouse
Built in 1921
1,857 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11106, Astoria, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,170 (100%) |
| Owner Occupied HU | 3,323 (16.5%) |
| Renter Occupied HU | 15,910 (78.9%) |
| Vacant Housing Units | 937 ( 4.6%) |
| Median Home Value | $769,724 |
| Average Home Value | $891,110 |
Housing Distribution
Address Breakdown
Residential
19,020
Single Family
2,476
Multi-Family
16,544
Businesses
1,233
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Listed by: Bianca A Colasuonno • Compass Greater NY LLC
Mls Name: OneKey MLS
Mls Provider:
Mls ID: #3554837
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