40-22 61st St #5FWoodsideNY11377
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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
Investment Highlights
Investment property for sale in Woodside at 40-22 61st St #5F, Woodside, NY, 11377 listed at $933,300 pairs $5,131/mo rent with a $4,568/mo payment. Total monthly income runs $5,131/mo. Return on cash invested measures 15.76% in year one, and rental yield registers 6.6% at a $933,300 basis. Equity gained on principal adds $6,022/yr, and annual property appreciation at 5% supports $257,854 by year five. Five-year ROI tracks 81.18% and total cumulative return in cash totals $249,278. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,131/mo property income relative to a $4,568/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2023
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
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