4550 218th StBaysideNY11361
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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
Rental property for sale in Bayside at 4550 218th St, Bayside, NY, 11361 generates $4,834/mo in rent, after a $4,346/mo payment. Total monthly income is $4,834/mo. Return on cash invested sits at 15.56% in year one, and rental yield is 6.53% on a $888,000 entry. Equity gained on principal adds $5,730/yr, while 5% annual appreciation builds toward $245,338 over five years. Five-year ROI reaches 80.14% and total cumulative return in cash sums $234,120. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,834/mo property income rather than buyer’s personal income.
Single Family
Built in 1955
2,700 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11361, Bayside, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,545 (100%) |
| Owner Occupied HU | 5,868 (50.8%) |
| Renter Occupied HU | 5,084 (44.0%) |
| Vacant Housing Units | 593 ( 5.1%) |
| Median Home Value | $935,890 |
| Average Home Value | $990,301 |
Housing Distribution
Address Breakdown
Residential
9,696
Single Family
7,226
Multi-Family
2,470
Businesses
1,094
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