13806 78th Avenue #37DFlushingNY11367
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
Investment property for sale in Flushing at 13806 78th Avenue #37D, Flushing, NY, 11367 offers a 10.21% rental yield on a $282,000 purchase with $2,400/mo rent. Total monthly income registers $2,400/mo, and a $1,380/mo payment leaves $517/mo available for distribution. Annual cash flow reaches $6,205/yr on $93,483 to close, and return on cash invested stands at 26.55% in year one. Equity gained on principal adds $1,820/yr while 5% annual appreciation supports $77,911 over five years. Portfolio math shows five-year ROI at 139.12% and total cumulative return in cash at $130,057. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,400/mo property income against a $1,380/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1937
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11367, Flushing, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,834 (100%) |
| Owner Occupied HU | 7,105 (42.2%) |
| Renter Occupied HU | 8,819 (52.4%) |
| Vacant Housing Units | 910 ( 5.4%) |
| Median Home Value | $786,829 |
| Average Home Value | $751,460 |
Housing Distribution
Address Breakdown
Residential
14,721
Single Family
7,643
Multi-Family
7,078
Businesses
461
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices