1 Bay Club Dr APT 4RFlushingNY11360
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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 Flushing at 1 Bay Club Dr APT 4R, Flushing, NY, 11360 with 5% annual appreciation on a $899,000 basis while $4,667/mo rent supports operations. 64% in year one. Equity gained on principal adds $5,801/yr, and five-year appreciation sums $248,377 alongside rental yield of 6.23%. Five-year ROI measures 75.18% and total cumulative return in cash totals $222,370. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,667/mo property income versus a $4,400/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 1983
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11360, Bayside, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,496 (100%) |
| Owner Occupied HU | 6,336 (66.7%) |
| Renter Occupied HU | 2,598 (27.4%) |
| Vacant Housing Units | 562 ( 5.9%) |
| Median Home Value | $742,463 |
| Average Home Value | $801,650 |
Housing Distribution
Address Breakdown
Residential
8,782
Single Family
4,071
Multi-Family
4,711
Businesses
319
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