39-65 51st St APT 1CWoodsideNY11377
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
Investment Highlights
Investment property for sale in Woodside at 39-65 51st St APT 1C, Woodside, NY, 11377 uses $119,340 cash to close to unlock $5,424/yr annual cash flow and $452/mo monthly cash flow. Total monthly income runs $2,856/mo, and a $1,762/mo payment keeps the spread at $452/mo. Purchase price stands at $360,000, and rental yield measures 9.52% with $2,856/mo rent. Return on cash invested shows 24.45% in year one, and 5% annual appreciation builds toward $99,461 over five years. Five-year ROI reaches 127.83% and total cumulative return in cash records $152,553. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,856/mo property income covering a $1,762/mo payment rather than investor’s personal income.
Condo
Built in N/A
N/A lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
27,245
Single Family
7,272
Multi-Family
19,973
Businesses
1,984
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices