5015 39th St APT 1FLong Island CityNY11104
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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 Long Island City at 5015 39th St APT 1F, Long Island City, NY, 11104 earns $97/mo cash flow from $1,760/mo rent with a $1,219/mo payment. Total monthly income totals $1,760/mo, and annual cash flow totals $1,163/yr on $82,544 capital. ROI tracks 21.32% on current figures, and rental yield reads 8.48% at a $249,000 purchase. Equity gained on principal adds $1,607/yr, and 5% annual appreciation supports $68,794 over five years. Five-year ROI reaches 111.03% and total cumulative return in cash sums $91,652. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,760/mo property income instead of your personal income.
Condo
Built in 1960
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11104, Sunnyside, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,534 (100%) |
| Owner Occupied HU | 1,974 (15.7%) |
| Renter Occupied HU | 9,861 (78.7%) |
| Vacant Housing Units | 699 ( 5.6%) |
| Median Home Value | $807,059 |
| Average Home Value | $899,039 |
Housing Distribution
Address Breakdown
Residential
11,954
Single Family
1,390
Multi-Family
10,564
Businesses
646
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Listed by: Cheryl Nicholas • Brown Harris Stevens Forest Hills LLC
Mls Name: StreetEasy
Mls ID: #S1807390