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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% |
Rental property for sale in Queens at 144-75 Melbourne Avenue #3G, Queens, NY, 11367 generates $3,688/mo in rent and, after a $1,860/mo payment, leaves $1,150/mo in cash flow. Total monthly income is $3,688/mo, and annual cash flow is $13,804/yr on $125,970 invested. Return on cash invested sits at 30.87% in year one, and rental yield is 11.65% on a $380,000 entry. Equity gained on principal adds $2,452/yr, while 5% annual appreciation builds toward $104,987 over five years. Five-year ROI reaches 162.27% and total cumulative return in cash sums $204,409. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,688/mo property income rather than buyer’s personal income.
Condo
Built in 1954
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 11367, Flushing, NY area.
| 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 |
Residential
14,721
Single Family
7,643
Multi-Family
7,078
Businesses
461
Date | Event | Price |
|---|---|---|
| 2025-08-22 | Sold | $380,000 |
| 2025-06-10 | Pending sale | $398,000 |
| 2025-05-07 | Listed for sale | $398,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2010-10-16 | N/A | N/A | N/A | N/A |
| 2009-10-16 | N/A | N/A | N/A | N/A |
| 2008-10-16 | N/A | N/A | N/A | N/A |
What's Special
None
Listed by: Li Bi Shih • Chous Realty Group Inc
Mls Name: OneKey MLS
Mls Provider:
Mls ID: #859058
Disclaimer: The data relating to real estate for sale or lease on this web site comes in part from OneKey MLS. Real estate listings held by brokerage firms other than Zillow, Inc are marked with the OneKey MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2025 OneKey MLS. All rights reserved.
