524 115th St #524CCollege 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 524 115th St #524C, College Pt, NY, 11356 earns from $3,224/mo rent with a $3,416/mo payment. Total monthly income totals $3,224/mo. ROI tracks 12.55% on current figures, and rental yield reads 5.54% at a $698,000 purchase. Equity gained on principal adds $4,504/yr, and 5% annual appreciation supports $192,845 over five years. Five-year ROI reaches 64.02% and total cumulative return in cash sums $147,024. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,224/mo property income instead of your personal income.
Condo
Built in N/A
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: Li Li • B Square Realty
Mls Name: StreetEasy
Mls ID: #S1784519