41-12 41st St APT 2GQueensNY11104
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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 Queens at 41-12 41st St APT 2G, Queens, NY, 11104 offers a 9.15% rental yield on a $428,000 purchase with $3,265/mo rent. Total monthly income registers $3,265/mo, and a $2,095/mo payment leaves $407/mo available for distribution. Annual cash flow reaches $4,881/yr on $141,882 to close, and return on cash invested stands at 23.35% in year one. Equity gained on principal adds $2,762/yr while 5% annual appreciation supports $118,249 over five years. Portfolio math shows five-year ROI at 121.93% and total cumulative return in cash at $173,003. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,265/mo property income against a $2,095/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1941
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11104, Sunnyside, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,534 (100%) |
| Owner Occupied HU | 1,974 (15.7%) |
| Renter Occupied HU | 9,861 (78.7%) |
| Vacant Housing Units | 699 ( 5.6%) |
| Median Home Value | $807,059 |
| Average Home Value | $899,039 |
Housing Distribution
Address Breakdown
Residential
11,954
Single Family
1,390
Multi-Family
10,564
Businesses
646
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