41-30 46th St APT 2E, Sunnyside, NY, 11104 | $353/mo Cash Flow

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41-30 46th St APT 2E, Sunnyside, NY, 11104 | $353/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

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

Rental property for sale in Sunnyside at 41-30 46th St APT 2E, Sunnyside, NY, 11104 generates $2,882/mo in rent and, after a $1,444/mo payment, leaves $353/mo in cash flow. Total monthly income is $2,882/mo, and annual cash flow is $4,235/yr on $97,793 invested. Return on cash invested sits at 24.24% in year one, and rental yield is 11.72% on a $295,000 entry. Equity gained on principal adds $1,904/yr, while 5% annual appreciation builds toward $81,503 over five years. Five-year ROI reaches 129.18% and total cumulative return in cash sums $126,326. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,882/mo property income rather than buyer’s personal income.

Condo

Built in 1943

N/A lot

$N/A/sqft

$559 monthly HOA

More details about the property

LOCATION, LOCATION, LOCATION Welcome to Sunnyside, this Studio Coop is located in the heart of Sunnyside, Queens. It's on 46th Street just 1.5 blocks to the #7 train at the 46th Street stop. It's a 15 minute commute to mid-town Manhattan and Grand Central Station as well as LaGuardia Airport and the LIRR. The studio has a spacious living room with hardwood floors, updated kitchen with stainless steel appliances and new cabinets. The tiled bathroom has a new vanity and lighting. The building has on-site laundry, bike storage in the basement, storage (waitlist basis) and live in superintendent. The apartments have a video entry system for security. The apartment is located in a 4 building complex that is centrally located on a tree lined street, in very desirable Sunnyside North. The apartment is close to restaurants, cafes, parks, locally owned shops, a farmer's market (Saturdays year round) and much more to explore. MAINTENANCE: $559.62/month includes HEAT, WATER & Real Estate Taxes Monthly Assessments of $40.17 till 12/31/26

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