16610 Powells Cove Blvd APT 2CFlushingNY11357
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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
Rental property for sale in Flushing at 16610 Powells Cove Blvd APT 2C, Flushing, NY, 11357 generates $3,792/mo in rent, after a $1,957/mo payment. Total monthly income is $3,792/mo. Return on cash invested sits at 14.35% in year one, and rental yield is 11.38% on a $399,800 entry. Equity gained on principal adds $2,580/yr, while 5% annual appreciation builds toward $110,457 over five years. Five-year ROI reaches 79.4% and total cumulative return in cash sums $105,229. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,792/mo property income rather than buyer’s personal income.
Condo
Built in 1958
N/A lot
$N/A/sqft
$1,736 monthly 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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