1 Station Sq APT 213, Forest Hills, NY, 11375 | $1,102/mo Cash Flow

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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 Forest Hills at 1 Station Sq APT 213, Forest Hills, NY, 11375 offers $7,493/mo rent that, after a $3,270/mo payment, leaves $1,102/mo cash flow. Total monthly income is $7,493/mo, and annual cash flow is $13,221/yr on $219,772 cash. Return on cash invested measures 26.08% in year one, and rental yield stands at 13.46% at a $668,000 entry. Equity gained on principal adds $4,311/yr while 5% annual appreciation compounds into $184,556 by year five. Five-year ROI records 140.34% and total cumulative return in cash reaches $308,437. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $7,493/mo property income versus a $3,270/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Condo

Built in 1930

N/A lot

$N/A/sqft

$1,930 monthly HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 11375, Forest Hills, NY area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	35,178 (100%)
Owner Occupied HU	16,568 (47.1%)
Renter Occupied HU	16,416 (46.7%)
Vacant Housing Units	2,194 ( 6.2%)
Median Home Value	$816,287
Average Home Value	$887,843