144-44 41st Avenue #2NFlushingNY11355
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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 Flushing at 144-44 41st Avenue #2N, Flushing, NY, 11355 generates $2,340/mo in rent and, after a $1,459/mo payment, leaves $350/mo in cash flow. Total monthly income is $2,340/mo, and annual cash flow is $4,195/yr on $98,787 invested. Return on cash invested sits at 24.16% in year one, and rental yield is 9.42% on a $298,000 entry. Equity gained on principal adds $1,923/yr, while 5% annual appreciation builds toward $82,332 over five years. Five-year ROI reaches 126.27% and total cumulative return in cash sums $124,736. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,340/mo property income rather than buyer’s personal income.
Condo
Built in 1951
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11355, Flushing, NY area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
28,128
Single Family
6,953
Multi-Family
21,175
Businesses
1,569
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