17309 65th Ave, Flushing, NY, 11365 | $1,002/mo Cash Flow

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17309 65th Ave, Flushing, NY, 11365 | $1,002/mo Cash Flow | Ziffy

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NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Flushing at 17309 65th Ave, Flushing, NY, 11365 listed at $859,000 pairs $6,738/mo rent with a $4,204/mo payment to leave $1,002/mo cash flow. Total monthly income runs $6,738/mo, and annual cash flow reaches $12,025/yr on $282,611 cash to close. Return on cash invested measures 24.32% in year one, and rental yield registers 9.41% at a $859,000 basis. Equity gained on principal adds $5,543/yr, and annual property appreciation at 5% supports $237,326 by year five. Five-year ROI tracks 127.1% and total cumulative return in cash totals $359,187. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $6,738/mo property income relative to a $4,204/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1955

N/A lot

$N/A/sqft

No HOA

More details about the property

Semi-detached Colonial Style Home with private driveway for up to 3 cars. 1st floor features hardwood floors, spacious living room, half bath with kitchen and formal dining room with access to fenced backyard. 2nd floor feature 3 bedrooms, primary bedroom with double closets, and 2 more good size bedrooms. Full finished basement with laundry area with W/D, boiler room, storage. Great Location near parks, highway, restaurants, shopping and public transportation express bus to Manhattan.

Neighborhood Data

Neighborhood data shown for ZIP Code: 11365, Fresh Meadows, NY area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	16,014 (100%)
Owner Occupied HU	6,407 (40.0%)
Renter Occupied HU	8,958 (55.9%)
Vacant Housing Units	649 ( 4.1%)
Median Home Value	$911,484
Average Home Value	$962,059