150-30 59th AveFlushingNY11355
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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 Flushing at 150-30 59th Ave, Flushing, NY, 11355 earns from $6,792/mo rent with a $6,167/mo payment. Total monthly income totals $6,792/mo. ROI tracks 15.6% on current figures, and rental yield reads 6.47% at a $1,260,000 purchase. Equity gained on principal adds $8,131/yr, and 5% annual appreciation supports $348,115 over five years. Five-year ROI reaches 80.3% and total cumulative return in cash sums $327,813. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $6,792/mo property income instead of your personal income.
Multi Family
Built in 1945
1,800 sqft lot
$N/A/sqft
No HOA
More details about the property
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
Price History
Date | Event | Price |
|---|---|---|
| 2024-03-19 | Listed for sale | $1,260,000 |
| 2023-02-05 | Listing removed | N/A |
| 2023-01-25 | Listed for rent | $1,700 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
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Facts & Features
General Information
- Type: MultiFamily
- Year Built: 1945
- Architectural Style: N/A
- Building Area: N/A
- Living Area: N/A
- Property Condition: N/A
Features & Amenities
- Heating: Natural Gas, Steam/Radiator
- Cooling: N/A
- Flooring: Other
- Interior Features: N/A
- Exterior Features: N/A
- Parking Features: Other
Location
HOA & Fees
- HOA Fee: N/A
- Association Fee: N/A
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: N/A
- Sewer: N/A
- Water Source: N/A
- Road Surface Type: N/A
School Information
- Elementary School: N/A
- Middle School: N/A
- High School: N/A
Listed by: Jian Lian Zheng • Winzone Realty Inc
Mls Name: BNYMLS
Mls Provider:
Mls ID: #480659
Disclaimer: The property information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the participating Brokers.