138-35 39th Ave APT 12F, Flushing, NY, 11354 | 5.25% Rental Yield

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

138-35 39th Ave APT 12F, Flushing, NY, 11354 | 5.25% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

1 Bed
2 Bath
774 sft

311 E 38th St APT 12B, New York, NY, 10016

- Bed
- Bath
3240 sft

3741 98th St, Flushing, NY, 11368

1 Bed
1 Bath
807 sft

333 Rector Pl #PH2S, New York, NY, 10280

- Bed
1 Bath
- sft

311 Hart St #2AA, Brooklyn, NY, 11206

Nearby investment properties with comparable prices

2 Bed
2 Bath
882 sft

131-19 Fowler Avenue #7B, Flushing, NY, 11355

1 Bed
1 Bath
929 sft

4028 College Point Boulevard #PH102, Flushing, NY, 11354

1 Bed
1 Bath
- sft

201 E 17th St APT 16F, New York, NY, 10003

1 Bed
1 Bath
758 sft

40-22 61st St #3F, Woodside, NY, 11377

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

Investment property for sale in Flushing at 138-35 39th Ave APT 12F, Flushing, NY, 11354 offers a 5.25% rental yield on a $838,000 purchase with $3,666/mo rent. 66% in year one. Equity gained on principal adds $5,407/yr while 5% annual appreciation supports $231,524 over five years. Portfolio math shows five-year ROI at 59.21% and total cumulative return in cash at $163,246. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,666/mo property income against a $4,102/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Condo

Built in 2017

N/A lot

$N/A/sqft

No HOA

More details about the property

Gorgeous **South facing high floor** 1br 1ba unit at Flushing Common luxury condominiums in the heart of vibrant downtown Flushing. 7 years tax abatement left! Right in the center of everything, steps to all the dinning, shopping, grocery, banks, doctor offices, buses, trains, etc. 2 blocks to 7 train. Sunny and bright south exposure with beautiful city and open views. Open gourmet kitchen with granite countertops and all Bosch SS appliances. Huge sound proof windows line the spacious living and dinning spaces along with 9ft high ceilings. Entry foyer and laundry room next to entrance. 24 hours concierge in gorgeous lobby, live in super, handyman, resident lounge with fire place, flat screen TV, office center, kitchen for catering, and pool table. Beautiful roof top terrace with garden, playground, dog park, BBQ with outdoor dinning area.

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