13103 40th Rd #11J, Flushing, NY, 11354 | 6.72% Rental Yield

For Sale

Fix & Flip

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

2 Bed
2 Bath
1342 sft

508 2nd St APT 2B, Union City, NJ, 07087

3 Bed
2 Bath
1622 sft

60-11 Broadway #5R, Woodside, NY, 11377

8 Bed
3 Bath
- sft

516 55th St, Brooklyn, NY, 11220

2 Bed
1 Bath
638 sft

420 42nd St APT 1E, Brooklyn, NY, 11232

Nearby investment properties with comparable prices

1 Bed
1 Bath
860 sft

301 E 48th St APT 14J, New York, NY, 10017

2 Bed
2 Bath
1073 sft

414 New York Ave #C, Jersey City, NJ, 07307

Investment Property+ 1 more

3 Bed
3 Bath
- sft

165 Lincoln St, Jersey City, NJ, 07307

8 Bed
3 Bath
2997 sft

309 7Th Ave W, Newark, NJ, 07107

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

Explore more listings using simple english

Investment Highlights

Rental property for sale in Flushing at 13103 40th Rd #11J, Flushing, NY, 11354 generates $3,914/mo in rent, after a $3,421/mo payment. Total monthly income is $3,914/mo. Return on cash invested sits at 16.13% in year one, and rental yield is 6.72% on a $699,000 entry. Equity gained on principal adds $4,511/yr, while 5% annual appreciation builds toward $193,121 over five years. Five-year ROI reaches 83.19% and total cumulative return in cash sums $191,306. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,914/mo property income rather than buyer’s personal income.

Condo

Built in 2016

N/A lot

$N/A/sqft

No HOA

More details about the property

Large one bedroom at GRAND New Luxury Condo (skyview parcs) now for sale seller pays transfer tax: 1.825%. :::This apartment:::. -spacious living room -ceiling to floor windows -excellent condition -Sunny And Bright -Large Double Panel Soundproof Windows. -Concrete Soundproof Walls Add To A Good Nights Sleep. -Designed With State-Of-The-Art Appliances And Materials. -In-Suite Washer And Dryer. -large balcony -NEST thermo AC/heating center -quiet unit not next to the 7 train of 131-05 or the LIRR of 131-01 :::Amenities::: -24-Hour Staffed Lobby And Concierge -6 acre exclusive rooftop garden for residents -Direct Access To Huge sprawling shopping center at SKYVIEW MALL -communal exclusive Bbq. Mini Golf. -Exercise/Fitness Center complete with Spa/jacuzzi, sauna. -2 Tennis Courts, basketball court, track. -large exclusive swimming pool -playroom and playground :::Location::: -unparalleled convenience and value for commuters and locals alike -mega Skyview mall directly accessible via elevator downstairs with 6 floors shopping, including BJs, skyfood, and target -flushing is NYCs food Mecca; +200 restaurants and multiple food courts within a few block radius with below market value pricing on food -Minutes walk away from 7 train Subway, Buses, LIRR. -Parking available onsite for $375 a month All rounder. Priced to sell. Will not last. Please call/text. Also have other units for sale in same complex.

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