11817 Union Tpke APT 5CFlushingNY11375
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeHigh DSCR is a competitive advantage at closing. 11817 Union Tpke APT 5C, Flushing, NY, 11375 in Flushing achieves 1.69, rent of $1,286/mo covers the $760/mo payment 1.5x over at $169,000. Rental yield 9.13%. That makes it both an efficient operational hold and a straightforward underwrite for Ziffy Mortgage's DSCR program. No domestic credit history or income documentation required. Appreciation at 5%/yr adds $46,692 over five years, with $1,557/yr in principal reduction bringing total projected return to $35,719.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.1% | 4.5% |
| Monthly Cash Flow | $(491) | $1,850 |
City averages based on Flushing market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,286 |
| Total Monthly Debt Service | $1,709 |
| DSCR Ratio | 0.75x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1973
N/A lot
$N/A/sqft
$648 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Condo
Built in 1973
N/A lot
$N/A/sqft
$648 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices