1011 162nd St APT 4AFlushingNY11357
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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 1011 162nd St APT 4A, Flushing, NY, 11357 listed at $414,888 pairs $3,030/mo rent with a $2,031/mo payment. Total monthly income runs $3,030/mo. Return on cash invested measures 10.17% in year one, and rental yield registers 8.76% at a $414,888 basis. Equity gained on principal adds $2,677/yr, and annual property appreciation at 5% supports $114,626 by year five. Five-year ROI tracks 55.65% and total cumulative return in cash totals $76,534. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,030/mo property income relative to a $2,031/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1958
N/A lot
$N/A/sqft
$1,375 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11357, Whitestone, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,187 (100%) |
| Owner Occupied HU | 10,869 (67.1%) |
| Renter Occupied HU | 4,406 (27.2%) |
| Vacant Housing Units | 912 ( 5.6%) |
| Median Home Value | $933,533 |
| Average Home Value | $975,786 |
Housing Distribution
Address Breakdown
Residential
13,607
Single Family
11,455
Multi-Family
2,152
Businesses
845
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