4630 Center Blvd APT 602Long Island CityNY11109
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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 Long Island City at 4630 Center Blvd APT 602, Long Island City, NY, 11109 generates $6,890/mo in rent, after a $9,251/mo payment. Total monthly income is $6,890/mo. Return on cash invested sits at 6.54% in year one, and rental yield is 4.37% on a $1,890,000 entry. Equity gained on principal adds $12,196/yr, while 5% annual appreciation builds toward $522,172 over five years. Five-year ROI reaches 32.66% and total cumulative return in cash sums $199,987. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $6,890/mo property income rather than buyer’s personal income.
Condo
Built in 2008
N/A lot
$N/A/sqft
$1,325 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11109, Long Island City, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,192 (100%) |
| Owner Occupied HU | 436 (10.4%) |
| Renter Occupied HU | 3,411 (81.4%) |
| Vacant Housing Units | 345 ( 8.2%) |
| Median Home Value | $1,060,606 |
| Average Home Value | $1,117,122 |
Housing Distribution
Address Breakdown
Residential
4,308
Single Family
0
Multi-Family
4,308
Businesses
23
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Listed by: Carlos Simoes • SERHANT.
Mls Name: StreetEasy
Mls ID: #S1744701