4630 Center Blvd APT 903Long 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
Total monthly income runs $5,905/mo, and a $6,240/mo payment. Purchase price stands at $1,275,000, and rental yield measures 5.56% with $5,905/mo rent. Return on cash invested shows 12.79% in year one, and 5% annual appreciation builds toward $352,259 over five years. Five-year ROI reaches 65.24% and total cumulative return in cash records $269,510. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,905/mo property income covering a $6,240/mo payment rather than investor’s personal income.
Condo
Built in 2008
N/A lot
$N/A/sqft
No 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: #S1777348