38-30 Douglaston Parkway #G2DouglastonNY11363
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderCapital preservation and steady income define 38-30 Douglaston Parkway #G2, Douglaston, NY, 11363 in Douglaston. Rental yield 7.67%. The 1.42 coverage passes Ziffy Mortgage's DSCR threshold for non-U.S. residents. Five-year appreciation of $190,634 and $6,355/yr in principal reduction project total return of $250,374.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 7.7% | 6.2% |
| Monthly Cash Flow | $(198) | $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 | $4,410 |
| Total Monthly Debt Service | $4,333 |
| DSCR Ratio | 1.02x |
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 1945
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11363, Little Neck, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,933 (100%) |
| Owner Occupied HU | 1,892 (64.5%) |
| Renter Occupied HU | 866 (29.5%) |
| Vacant Housing Units | 175 ( 6.0%) |
| Median Home Value | $1,074,519 |
| Average Home Value | $1,146,069 |
Housing Distribution
Address Breakdown
Residential
2,620
Single Family
2,155
Multi-Family
465
Businesses
186
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 1945
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11363, Little Neck, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,933 (100%) |
| Owner Occupied HU | 1,892 (64.5%) |
| Renter Occupied HU | 866 (29.5%) |
| Vacant Housing Units | 175 ( 6.0%) |
| Median Home Value | $1,074,519 |
| Average Home Value | $1,146,069 |
Housing Distribution
Address Breakdown
Residential
2,620
Single Family
2,155
Multi-Family
465
Businesses
186
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kathleen B. McCarthy • Compass Greater NY LLC
Mls Name: OneKey MLS
Mls ID: #911407