144-60 Gravett Road #4JQueensNY11367
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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 Queens at 144-60 Gravett Road #4J, Queens, NY, 11367 earns $1,205/mo cash flow from $2,400/mo rent with a $876/mo payment. Total monthly income totals $2,400/mo, and annual cash flow totals $14,460/yr on $59,301 capital. ROI tracks 44.29% on current figures, and rental yield reads 16.1% at a $178,888 purchase. Equity gained on principal adds $1,154/yr, and 5% annual appreciation supports $49,423 over five years. Five-year ROI reaches 234.23% and total cumulative return in cash sums $138,904. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,400/mo property income instead of your personal income.
Condo
Built in 1954
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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