56-02 31st Ave #2A, Woodside, NY, 11377 | 7.92% Rental Yield

For Sale

Ziffy Mortgage

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 56-02 31st Ave #2A, Woodside, NY, 11377 earns from $4,612/mo rent with a $3,421/mo payment. Total monthly income totals $4,612/mo. ROI tracks 19.77% on current figures, and rental yield reads 7.92% at a $699,000 purchase. Equity gained on principal adds $4,511/yr, and 5% annual appreciation supports $193,121 over five years. Five-year ROI reaches 102.71% and total cumulative return in cash sums $236,198. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,612/mo property income instead of your personal income.

Condo

Built in 2021

N/A lot

$N/A/sqft

No HOA

More details about the property

Welcome To the Newly Built Elevator Building Condo For Sale. Impeccable Unit Layout with its Thoughtfully Designed Modern Interiors, both Functional and Stylish. Open Layout Kitchen with Stainless steel appliances. Large Floor-to-Ceiling Windows take in the Best Scenery. Nestled in one of NYCs most Vibrant and Flourishing neighborhoods, our Location puts you at the Heart of it all. Walk to M, R Subway Train Station, 20 Minutes to Manhattan Time Square, Super convenient City Access. Minutes Drive to the Brooklyn Queens Expressway, LaGuardia Airport. Indoor Garage Parking Available For Rent. Super Low Common Charge $230 Monthly except for electric. Building Amenities Include a Gym, Bicycle room, and Storage room.

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