144-15 78th Rd #3AQueensNY11367
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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
Rental property for sale in Queens at 144-15 78th Rd #3A, Queens, NY, 11367 generates $1,563/mo in rent and, after a $1,140/mo payment, leaves $7/mo in cash flow. Total monthly income is $1,563/mo, and annual cash flow is $90/yr on $77,240 invested. Return on cash invested sits at 20.03% in year one, and rental yield is 8.05% on a $233,000 entry. Equity gained on principal adds $1,504/yr, while 5% annual appreciation builds toward $64,374 over five years. Five-year ROI reaches 104.14% and total cumulative return in cash sums $80,437. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,563/mo property income rather than buyer’s personal income.
Condo
Built in 1945
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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Listed by: Kiu O. Chang • EXP Realty
Mls Name: OneKey MLS
Mls Provider:
Mls ID: #884203
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