114-34 37th Ave #4CFlushingNY11354
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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
Rental property for sale in Flushing at 114-34 37th Ave #4C, Flushing, NY, 11354 generates $3,000/mo in rent and, after a $2,144/mo payment, leaves $75/mo in cash flow. Total monthly income is $3,000/mo, and annual cash flow is $899/yr on $145,197 invested. Return on cash invested sits at 20.53% in year one, and rental yield is 8.22% on a $438,000 entry. Equity gained on principal adds $2,826/yr, while 5% annual appreciation builds toward $121,011 over five years. Five-year ROI reaches 106.8% and total cumulative return in cash sums $155,070. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,000/mo property income rather than buyer’s personal income.
Condo
Built in 1988
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11354, Flushing, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,769 (100%) |
| Owner Occupied HU | 9,061 (33.8%) |
| Renter Occupied HU | 15,875 (59.3%) |
| Vacant Housing Units | 1,833 ( 6.8%) |
| Median Home Value | $693,225 |
| Average Home Value | $755,105 |
Housing Distribution
Address Breakdown
Residential
22,149
Single Family
4,757
Multi-Family
17,392
Businesses
3,549
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