16201 Powells Cove Boulevard #6KFlushingNY11357
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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 16201 Powells Cove Boulevard #6K, Flushing, NY, 11357 listed at $424,898 pairs $3,414/mo rent with a $2,080/mo payment to leave $576/mo cash flow. Total monthly income runs $3,414/mo, and annual cash flow reaches $6,915/yr on $140,854 cash to close. Return on cash invested measures 24.82% in year one, and rental yield registers 9.64% at a $424,898 basis. Equity gained on principal adds $2,742/yr, and annual property appreciation at 5% supports $117,391 by year five. Five-year ROI tracks 129.83% and total cumulative return in cash totals $182,865. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,414/mo property income relative to a $2,080/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1956
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11357, Whitestone, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,187 (100%) |
| Owner Occupied HU | 10,869 (67.1%) |
| Renter Occupied HU | 4,406 (27.2%) |
| Vacant Housing Units | 912 ( 5.6%) |
| Median Home Value | $933,533 |
| Average Home Value | $975,786 |
Housing Distribution
Address Breakdown
Residential
13,607
Single Family
11,455
Multi-Family
2,152
Businesses
845
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