47-05 5th St #103, Long Island City, NY, 11101 | $1,410/mo Cash Flow

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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

Investment property for sale in Long Island City at 47-05 5th St #103, Long Island City, NY, 11101 listed at $1,750,000 pairs $14,436/mo rent with a $8,565/mo payment to leave $1,410/mo cash flow. Total monthly income runs $14,436/mo, and annual cash flow reaches $16,922/yr on $567,000 cash to close. Return on cash invested measures 23.35% in year one, and rental yield registers 9.9% at a $1,750,000 basis. Equity gained on principal adds $11,292/yr, and annual property appreciation at 5% supports $483,493 by year five. Five-year ROI tracks 122.91% and total cumulative return in cash totals $696,873. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $14,436/mo property income relative to a $8,565/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Condo

Built in 2017

N/A lot

$N/A/sqft

$1,340 monthly HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 11101, Long Island City, NY area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	29,671 (100%)
Owner Occupied HU	2,801 ( 9.4%)
Renter Occupied HU	23,413 (78.9%)
Vacant Housing Units	3,457 (11.7%)
Median Home Value	$1,141,450
Average Home Value	$1,179,647