141-35 79th Avenue #3MFlushingNY11367
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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 141-35 79th Avenue #3M, Flushing, NY, 11367 listed at $308,000 pairs $2,400/mo rent with a $1,508/mo payment to leave $343/mo cash flow. Total monthly income runs $2,400/mo, and annual cash flow reaches $4,113/yr on $102,102 cash to close. Return on cash invested measures 23.94% in year one, and rental yield registers 9.35% at a $308,000 basis. Equity gained on principal adds $1,987/yr, and annual property appreciation at 5% supports $85,095 by year five. Five-year ROI tracks 125.09% and total cumulative return in cash totals $127,720. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,400/mo property income relative to a $1,508/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1942
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
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