6311 Queens Blvd APT C1, Woodside, NY, 11377 | 8.47% Rental Yield

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6311 Queens Blvd APT C1, Woodside, NY, 11377 | 8.47% Rental Yield | Ziffy

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

Rental property for sale in Woodside at 6311 Queens Blvd APT C1, Woodside, NY, 11377 generates $2,612/mo in rent, after a $1,811/mo payment. Total monthly income is $2,612/mo. Return on cash invested sits at 12.87% in year one, and rental yield is 8.47% on a $370,000 entry. Equity gained on principal adds $2,388/yr, while 5% annual appreciation builds toward $102,224 over five years. Five-year ROI reaches 68.79% and total cumulative return in cash sums $84,377. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,612/mo property income rather than buyer’s personal income.

Condo

Built in 1963

N/A lot

$N/A/sqft

$861 monthly HOA

More details about the property

Beautifully Renovated 1-Bedroom | Prime Woodside Location Welcome to this spacious and thoughtfully updated 1-bedroom unit on the third floor, featuring gorgeous hardwood floors throughout. The home showcases a modern, renovated kitchen with full-size stainless steel appliances, sleek white shaker cabinetry, a classic tiled backsplash, and elegant marble-style flooring. The renovated bathroom offers a clean, timeless look with neutral tile, updated fixtures, and a pedestal sinkdesigned for both style and functionality. With six generous closets, storage is never an issue. A bright and expansive living room, along with a defined dining area, provides a perfect layout for both everyday comfort and stylish entertaining. Additional highlights include: Short parking waiting list No board approval required for purchase Pet-friendly building Secure, well-maintained property with a welcoming lobby, two laundry facilities, and 24-hour camera surveillance Monthly maintenance includes cooking gas, heat, water, and real estate taxesoffering exceptional value. Conveniently located just a few blocks from the 61st Street 7 Express Train, with easy access to the Q32 and Q60 buses, the LIRR, and a shuttle to LaGuardia Airport. Everyday essentials, grocery stores, national retailers, and a brand-new Planet Fitness are all just steps away. Subletting is permitted after 3 years, making this an excellent opportunity for both primary residence or future investment.

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