167-10 Crocheron Ave #6MFlushingNY11358
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 167-10 Crocheron Ave #6M, Flushing, NY, 11358 listed at $350,000 pairs $2,845/mo rent with a $1,713/mo payment to leave $508/mo cash flow. Total monthly income runs $2,845/mo, and annual cash flow reaches $6,094/yr on $116,025 cash to close. Return on cash invested measures 25.16% in year one, and rental yield registers 9.75% at a $350,000 basis. Equity gained on principal adds $2,258/yr, and annual property appreciation at 5% supports $96,699 by year five. Five-year ROI tracks 131.65% and total cumulative return in cash totals $152,750. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,845/mo property income relative to a $1,713/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1936
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11358, Flushing, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,822 (100%) |
| Owner Occupied HU | 7,286 (49.2%) |
| Renter Occupied HU | 6,714 (45.3%) |
| Vacant Housing Units | 822 ( 5.5%) |
| Median Home Value | $940,113 |
| Average Home Value | $1,005,218 |
Housing Distribution
Address Breakdown
Residential
12,216
Single Family
9,565
Multi-Family
2,651
Businesses
1,202
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices