15409 58th 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 15409 58th Ave, Flushing, NY, 11355 listed at $968,500 pairs $4,475/mo rent with a $4,740/mo payment. Total monthly income runs $4,475/mo. Return on cash invested measures 12.56% in year one, and rental yield registers 5.54% at a $968,500 basis. Equity gained on principal adds $6,250/yr, and annual property appreciation at 5% supports $267,579 by year five. Five-year ROI tracks 64.03% and total cumulative return in cash totals $204,026. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,475/mo property income relative to a $4,740/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1955
2,500 sqft 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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