39-45 51st St APT 6C, Woodside, NY, 11377 | $1,128/mo Cash Flow

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39-45 51st St APT 6C, Woodside, NY, 11377 | $1,128/mo Cash Flow | Ziffy

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NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Woodside at 39-45 51st St APT 6C, Woodside, NY, 11377 listed at $349,000 pairs $4,234/mo rent with a $1,708/mo payment to leave $1,128/mo cash flow. Total monthly income runs $4,234/mo, and annual cash flow reaches $13,531/yr on $115,694 cash to close. Return on cash invested measures 31.6% in year one, and rental yield registers 14.56% at a $349,000 basis. Equity gained on principal adds $2,252/yr, and annual property appreciation at 5% supports $96,422 by year five. Five-year ROI tracks 169.13% and total cumulative return in cash totals $195,672. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,234/mo property income relative to a $1,708/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Condo

Built in N/A

N/A lot

$N/A/sqft

$776 monthly HOA

More details about the property

Beautiful top floor 1bedroom at the popular Sunnyhill Gardens complex in Sunnyside, Queens. Unit features spacious entry foyer, modern hardwood floors, windowed galley kitchen, renovated bathroom, king size bedroom with dual exposures, high ceilings, and plenty of closet space. Apartment is move-in ready with several upgrades. Coop amenities include on-site laundry, gym, storage, bike storage, parking, party room, secured entry and more (elevator bldg.). Location is another unique selling point with Lawrence Virgilio Playground just 1 block away, Sunnyside Gardens Park just 2 blocks away, trendy Skillman Ave just 1 block away, 7 train at 52nd St/Roosevelt Ave just 2 blocks away, and Queens Blvd just 3 blocks away. Fresh n Save Marketplace also just 1 block away. An array of stores, restaurants, and bars right on Skillman Ave. Everything you can ask for in a 1 bedroom coop. Top floor, turnkey apartment, in a prime location of Northwest Queens.

Neighborhood Data

Neighborhood data shown for ZIP Code: 11377, Woodside, NY area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	36,081 (100%)
Owner Occupied HU	9,728 (27.0%)
Renter Occupied HU	23,990 (66.5%)
Vacant Housing Units	2,363 ( 6.5%)
Median Home Value	$795,294
Average Home Value	$813,384