16212 77th RdFlushingNY11366
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Rental property for sale in Flushing at 16212 77th Rd, Flushing, NY, 11366 generates $2,956/mo in rent, after a $7,342/mo payment. Total monthly income is $2,956/mo. Return on cash invested sits at 2.94% in year one, and rental yield is 2.36% on a $1,500,000 entry. Equity gained on principal adds $9,679/yr, while 5% annual appreciation builds toward $414,422 over five years. Five-year ROI reaches 12.37% and total cumulative return in cash sums $60,131. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,956/mo property income rather than buyer’s personal income.
Multi Family
Built in 1950
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11366, Fresh Meadows, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,761 (100%) |
| Owner Occupied HU | 2,936 (61.7%) |
| Renter Occupied HU | 1,548 (32.5%) |
| Vacant Housing Units | 277 ( 5.8%) |
| Median Home Value | $942,430 |
| Average Home Value | $1,007,801 |
Housing Distribution
Address Breakdown
Residential
4,367
Single Family
3,858
Multi-Family
509
Businesses
489
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices