12214 18th AveFlushingNY11356
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
Investment Highlights
Rental property for sale in Flushing at 12214 18th Ave, Flushing, NY, 11356 generates $4,067/mo in rent, after a $8,996/mo payment. Total monthly income is $4,067/mo. Return on cash invested sits at 3.83% in year one, and rental yield is 2.66% on a $1,838,000 entry. Equity gained on principal adds $11,860/yr, while 5% annual appreciation builds toward $507,806 over five years. Five-year ROI reaches 17.19% and total cumulative return in cash sums $102,386. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,067/mo property income rather than buyer’s personal income.
Multi Family
Built in 1931
2,043 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11356, College Point, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,479 (100%) |
| Owner Occupied HU | 4,017 (42.4%) |
| Renter Occupied HU | 4,870 (51.4%) |
| Vacant Housing Units | 592 ( 6.2%) |
| Median Home Value | $874,864 |
| Average Home Value | $916,980 |
Housing Distribution
Address Breakdown
Residential
6,378
Single Family
5,555
Multi-Family
823
Businesses
766
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices