190-05 39th Ave #142FlushingNY11358
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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
Investment property for sale in Flushing at 190-05 39th Ave #142, Flushing, NY, 11358 uses $80,488 cash to close to unlock $792/yr annual cash flow and $66/mo monthly cash flow. Total monthly income runs $1,687/mo, and a $1,188/mo payment keeps the spread at $66/mo. Purchase price stands at $242,800, and rental yield measures 8.34% with $1,687/mo rent. Return on cash invested shows 20.89% in year one, and 5% annual appreciation builds toward $67,081 over five years. Five-year ROI reaches 108.81% and total cumulative return in cash records $87,581. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,687/mo property income covering a $1,188/mo payment rather than investor’s personal income.
Condo
Built in 1955
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
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Listed by: JingYun Chen • Sany Realty Group LLC
Mls Name: OneKey MLS
Mls Provider:
Mls ID: #L3583961
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