11021 73rd Road #5H, Flushing, NY, 11375 | $148/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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11021 73rd Road #5H, Flushing, NY, 11375 | $148/mo Cash Flow | Ziffy

For Sale

Listed for sale 3 days ago

Ziffy Mortgage

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

Investment property for sale in Flushing at 11021 73rd Road #5H, Flushing, NY, 11375 uses $147,518 cash to close to unlock $1,781/yr annual cash flow and $148/mo monthly cash flow. Total monthly income runs $3,120/mo, and a $2,178/mo payment keeps the spread at $148/mo. Purchase price stands at $445,000, and rental yield measures 8.41% with $3,120/mo rent. Return on cash invested shows 21.12% in year one, and 5% annual appreciation builds toward $122,945 over five years. Five-year ROI reaches 109.96% and total cumulative return in cash records $162,212. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,120/mo property income covering a $2,178/mo payment rather than investor’s personal income.

Condo

Built in 1937

0.61 Acres lot

$N/A/sqft

No HOA

More details about the property

This gorgeous well appointed apartment has a massive bedroom and living-room, high ceilings, and original oak flooring, in the gorgeous Mayfair, with custom renovations throughout. The entryway with coat closet, leads to huge foyer, and then to a large eat-in-kitchen which has been totally updated with contemporary appliances, and has a dedicated space for a small dining table and chairs. The magnificent sized LR has two large windows facing southeast and the garden on the brightest side of the building, and is impressive in its scale and simple elegance. The residential portion of the apartment is separated from the living section, by a hallway with a bathroom and multiple closets. There is a surprisingly spacious bedroom adjacent to the hallway, with two closets and two very large windows. The bedroom are exceptionally large, with large closets and two large windows. This property is ideally located near Austin Street shopping, close to public transportation, and zoned for PS 101, A perfect home for anyone looking for an extraordinarily large apartment with pre-war architectural beauty. The Mayfair itself is an impressively charming pre-war building located in the most prime location in Forest Hills, just a block from all that Austin Street has to offer with shopping and restaurants plus easy access to the E and F subway lines and near the LIRR.

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