35-55 29th St #3DAstoriaNY11106
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow35-55 29th St #3D, Astoria, NY, 11106 in Astoria is a top-tier cash-flow asset. At $399,000 it produces $3,544/mo in rent and $879/mo in net monthly income, a 10.66% gross rental yield. The DSCR of 1.98 qualifies for Ziffy Mortgage's DSCR loan without W-2s or U.S. credit history. Annual cash flow: $10,550. Five-year appreciation adds $110,236, driving a total cumulative return of $208,769.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 10.7% | 6.2% |
| Monthly Cash Flow | $879 | $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 | $3,544 |
| Total Monthly Debt Service | $2,506 |
| DSCR Ratio | 1.41x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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 1929
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 1929
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