Constitution Pl UNIT ACollege PtNY11356
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Total monthly income runs $4,794/mo, and a $4,640/mo payment. Purchase price stands at $948,000, and rental yield measures 6.07% with $4,794/mo rent. Return on cash invested shows 14.15% in year one, and 5% annual appreciation builds toward $261,915 over five years. Five-year ROI reaches 72.56% and total cumulative return in cash records $226,318. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,794/mo property income covering a $4,640/mo payment rather than investor’s personal income.
Condo
Built in 2021
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Victor Lettieri • Keller Williams Realty Landmark
Mls Name: StreetEasy
Mls ID: #S1774759