14809 Northern Blvd APT 3M, Flushing, NY, 11354 | 5.78% Rental Yield

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14809 Northern Blvd APT 3M, Flushing, NY, 11354 | 5.78% Rental Yield | Ziffy

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NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Flushing at 14809 Northern Blvd APT 3M, Flushing, NY, 11354 listed at $895,000 pairs $4,308/mo rent with a $4,381/mo payment. Total monthly income runs $4,308/mo. Return on cash invested measures 11.01% in year one, and rental yield registers 5.78% at a $895,000 basis. Equity gained on principal adds $5,775/yr, and annual property appreciation at 5% supports $247,272 by year five. Five-year ROI tracks 56.56% and total cumulative return in cash totals $166,538. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,308/mo property income relative to a $4,381/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Condo

Built in 1924

N/A lot

$N/A/sqft

$551 monthly HOA

More details about the property

Welcome to Northern Lights A collection of newly released, brand new, renovated apartments in a re-imagined pre-war, converted condominium building located moments away from the heart of Downtown Flushing, Queens. These exceptional condominium homes comprise 4 winning elevatored buildings that blend seamlessly pre-war aesthetics with new modern conveniences elevated by a curated compilation of must have amenities for todays discerning purchasers. Grand, open floorplans provide generous personal spaces in each home while enhancing the sense of community living with buildings amenities to heighten the experience of living and entertaining at home. Unit 3M is a 1,131 square foot 3 bedroom with 2 bathrooms, spacious, modern living environment where time lingers and memories are made. The heart is a grand living room featuring a functioning wood burning fireplace and dining area. Adjacent is a open, windowed kitchen featuring timeless kitchen design including quartz countertops, generous counter space and a top of the line appliance package including Bertazzoni, Blomberg and LG. The oversized bedrooms feature ample storage space. Enjoy both existing and soon to be completed amenities at Northern Lights Gated entrance to a Landscaped Garden Resident's Lounge Childrens play area Fitness center Buildings Laundry Facility as well as in-unit Washer and Dryer Onsite private additional Storage Available Heat is included Live-in Super Northern Lights is located just blocks away from Downtown Flushing. Savor the amalgamation of all the incredible international markets, restaurants, and shops that make Flushing a truly unique, vibrant community. It is accessible by the 7 Train, both local and express buses and the LIRR. The complete offering terms are in an offering plan available from Sponsor File No.CD060463

Neighborhood Data

Neighborhood data shown for ZIP Code: 11354, Flushing, NY area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	26,769 (100%)
Owner Occupied HU	9,061 (33.8%)
Renter Occupied HU	15,875 (59.3%)
Vacant Housing Units	1,833 ( 6.8%)
Median Home Value	$693,225
Average Home Value	$755,105