110-45 Queens Boulevard UNIT 107FlushingNY11375
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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 110-45 Queens Boulevard UNIT 107, Flushing, NY, 11375 uses $116,025 cash to close to unlock $40,510/yr annual cash flow and $3,376/mo monthly cash flow. Total monthly income runs $6,913/mo, and a $1,713/mo payment keeps the spread at $3,376/mo. Purchase price stands at $350,000, and rental yield measures 23.7% with $6,913/mo rent. Return on cash invested shows 54.82% in year one, and 5% annual appreciation builds toward $96,699 over five years. Five-year ROI reaches 295.21% and total cumulative return in cash records $342,518. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $6,913/mo property income covering a $1,713/mo payment rather than investor’s personal income.
Condo
Built in 1952
N/A lot
$N/A/sqft
$1,200 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 |
Housing Distribution
Address Breakdown
Residential
33,668
Single Family
6,622
Multi-Family
27,046
Businesses
1,853
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Listed by: Helen H Jang • Canaan Realty International
Mls Name: OneKey MLS
Mls Provider:
Mls ID: #3574746
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