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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Flushing at 14209 Negundo Ave, Flushing, NY, 11355 projects strong ROI of 1.97%. Rental yield 2.05%. With 5% annual appreciation, the property builds $635,448 in value over five years. Equity growth combined delivers a projected five-year ROI of 7.22%, translating into $53,779 in total cumulative return on $745,200 invested capital. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.
Multi Family
Built in 1970
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 11355, Flushing, NY area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 32,864 (100%) |
| Owner Occupied HU | 9,376 (28.5%) |
| Renter Occupied HU | 21,576 (65.7%) |
| Vacant Housing Units | 1,912 ( 5.8%) |
| Median Home Value | $821,649 |
| Average Home Value | $866,527 |
Residential
28,128
Single Family
6,953
Multi-Family
21,175
Businesses
1,569
Date | Event | Price |
|---|---|---|
| 2024-10-08 | Listed for sale | $2,300,000 |
| 2024-09-04 | Listing removed | $2,300,000 |
| 2024-08-22 | Listed for sale | $2,300,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-11-14 | N/A | N/A | $86,220 | 1.63% |
| 2022-11-14 | N/A | N/A | $84,840 | -4.72% |
| 2021-11-14 | N/A | N/A | $89,040 | 9.60% |
Listed by: Hyun J Lee • RE MAX Team
Mls Name: StreetEasy
Mls ID: #S1731682
