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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Flushing at 131-02B 40th Road #3N, Flushing, NY, 11354 generates $2,760/mo in rent, after a $3,020/mo payment. Total monthly income is $2,760/mo. Return on cash invested sits at 9.53% in year one, and rental yield is 5.37% on a $617,000 entry. Equity gained on principal adds $3,981/yr, while 5% annual appreciation builds toward $170,466 over five years. Five-year ROI reaches 48.7% and total cumulative return in cash sums $98,865. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,760/mo property income rather than buyer’s personal income.
Condo
Built in 2023
5.49 Acres lot
$N/A/sqft
$421 monthly HOA
Neighborhood data shown for ZIP Code: 11354, Flushing, NY area.
| 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 |
Residential
22,149
Single Family
4,757
Multi-Family
17,392
Businesses
3,549
Date | Event | Price |
|---|---|---|
| 2024-08-02 | Listed for sale | $617,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
What's Special
None
Listed by: Hsin Yuan Yang • E Realty International Corp
Mls Name: OneKey MLS
Mls Provider:
Mls ID: #L3570048
Disclaimer: The data relating to real estate for sale or lease on this web site comes in part from OneKey MLS. Real estate listings held by brokerage firms other than Zillow, Inc are marked with the OneKey MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2025 OneKey MLS. All rights reserved.
