5-39 117th St #XCollege PtNY11356
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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
Investment property for sale in College Pt at 5-39 117th St #X, College Pt, NY, 11356 listed at $1,170,000 pairs $3,466/mo rent with a $5,727/mo payment. Total monthly income runs $3,466/mo. Return on cash invested measures 6.61% in year one, and rental yield registers 3.55% at a $1,170,000 basis. Equity gained on principal adds $7,550/yr, and annual property appreciation at 5% supports $323,249 by year five. Five-year ROI tracks 32.07% and total cumulative return in cash totals $121,585. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,466/mo property income relative to a $5,727/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 1960
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11356, College Point, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,479 (100%) |
| Owner Occupied HU | 4,017 (42.4%) |
| Renter Occupied HU | 4,870 (51.4%) |
| Vacant Housing Units | 592 ( 6.2%) |
| Median Home Value | $874,864 |
| Average Home Value | $916,980 |
Housing Distribution
Address Breakdown
Residential
6,378
Single Family
5,555
Multi-Family
823
Businesses
766
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Listed by: Shirley Chen • Prime Realty
Mls Name: StreetEasy
Mls ID: #S1797812