48-26 44th St APT 3E, Woodside, NY, 11377 | $621/mo Cash Flow

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48-26 44th St APT 3E, Woodside, NY, 11377 | $621/mo Cash Flow | Ziffy

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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 Woodside at 48-26 44th St APT 3E, Woodside, NY, 11377 listed at $349,000 pairs $3,865/mo rent with a $1,708/mo payment to leave $621/mo cash flow. Total monthly income runs $3,865/mo, and annual cash flow reaches $7,447/yr on $115,694 cash to close. Return on cash invested measures 26.35% in year one, and rental yield registers 13.29% at a $349,000 basis. Equity gained on principal adds $2,252/yr, and annual property appreciation at 5% supports $96,422 by year five. Five-year ROI tracks 141.44% and total cumulative return in cash totals $163,632. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,865/mo property income relative to a $1,708/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Condo

Built in N/A

N/A lot

$N/A/sqft

$914 monthly HOA

More details about the property

SELLER IS MOTIVATED TO SELL BRING ALL OFFERS -Third floor one bedroom apartment for sale in Celtic Park on the Sunnyside/Woodside border. Complex is in a great location and has an onsite management office, live in Superintendent, a great team of skilled maintenance workers, evening and weekend security, laundry, and a gym. Maintenance includes all - Heat, hot water, real estate taxes, gas and electricity. Apartment has a great layout and is move in ready. Freshly painted with nice shiny wood floors. Close to library, restaurants and supermarkets. Weekly farmers market a ten minute walk. A quick and easy commute to the city, 7 train at 40/46 St. Q32 and Q60 bus on Queens Boulevard. Easy access to all major highways, Schedule a showing call Three four seven nine nine seven zero five nine one

Neighborhood Data

Neighborhood data shown for ZIP Code: 11377, Woodside, NY area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	36,081 (100%)
Owner Occupied HU	9,728 (27.0%)
Renter Occupied HU	23,990 (66.5%)
Vacant Housing Units	2,363 ( 6.5%)
Median Home Value	$795,294
Average Home Value	$813,384