131-05 40th Rd #17LFlushingNY11354
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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
Investment property for sale in Flushing at 131-05 40th Rd #17L, Flushing, NY, 11354 listed at $155,093 pairs $4,352/mo rent with a $759/mo payment to leave $3,316/mo cash flow. Total monthly income runs $4,352/mo, and annual cash flow reaches $39,797/yr on $51,413 cash to close. Return on cash invested measures 97.32% in year one, and rental yield registers 33.67% at a $155,093 basis. Equity gained on principal adds $1,001/yr, and annual property appreciation at 5% supports $42,849 by year five. Five-year ROI tracks 518.61% and total cumulative return in cash totals $266,637. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,352/mo property income relative to a $759/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2018
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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