35-40 30th St #GAstoriaNY11106
INVESTMENT ANALYSIS
Investment Verdict
Appreciation Play35-40 30th St #G, Astoria, NY, 11106 in Astoria is priced for appreciation, not yield. Rental yield 4.95%. At $874,999 with a 4.95% gross yield, the monthly income is modest, but 5% annual price growth is projected to add $241,746 in value over five years, making equity the primary return driver. Ziffy Mortgage's DSCR mortgage (0.92) can still finance this property for non-U.S. residents; a 30–35% down payment typically produces the cleanest underwriting for appreciation-focused assets. Total projected cumulative return: $189,923.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 5% | 6.2% |
| Monthly Cash Flow | $(2,233) | $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 | $3,610 |
| Total Monthly Debt Service | $5,495 |
| DSCR Ratio | 0.66x |
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.
Condo
Built in 2007
N/A 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Condo
Built in 2007
N/A 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices