16430 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
Investment property for sale in Flushing at 16430 77th Rd, Flushing, NY, 11366 offers a 7.14% rental yield on a $667,000 purchase with $3,970/mo rent. 41% in year one. Equity gained on principal adds $4,304/yr while 5% annual appreciation supports $184,280 over five years. Portfolio math shows five-year ROI at 90.07% and total cumulative return in cash at $197,651. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,970/mo property income against a $3,265/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1925
3,000 sqft 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