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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Flushing at 10850 62nd Dr APT 5O, Flushing, NY, 11375 earns $75/mo cash flow from $1,510/mo rent with a $1,052/mo payment. Total monthly income totals $1,510/mo, and annual cash flow totals $895/yr on $71,273 capital. ROI tracks 21.16% on current figures, and rental yield reads 8.43% at a $215,000 purchase. Equity gained on principal adds $1,387/yr, and 5% annual appreciation supports $59,401 over five years. Five-year ROI reaches 110.25% and total cumulative return in cash sums $78,577. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,510/mo property income instead of your personal income.
Condo
Built in 1963
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 11375, Forest Hills, NY area.
| 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 |
Residential
33,668
Single Family
6,622
Multi-Family
27,046
Businesses
1,853
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Bradly Barnett • Keller Williams Points North
Mls Name: StreetEasy
Mls ID: #S1780788
