19207 37th Ave #204FlushingNY11358
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow19207 37th Ave #204, Flushing, NY, 11358 in Flushing earns its strong cash-flow label: 20.33% yield, $4,216/mo rent, $1,748/mo net income, DSCR 3.77. The $248,888 acquisition cost produces immediate returns that put this property in the top tier for U.S. income assets accessible via Ziffy Mortgage's rental-income underwriting. Long-term, 5% annual appreciation adds $68,763 by year five. Combined with $2,292/yr in principal paydown, total projected return reaches $210,944.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 20.3% | 4.5% |
| Monthly Cash Flow | $1,748 | $1,850 |
City averages based on Flushing market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,216 |
| Total Monthly Debt Service | $2,369 |
| DSCR Ratio | 1.78x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1950
N/A lot
$N/A/sqft
$806 monthly 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
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
Condo
Built in 1950
N/A lot
$N/A/sqft
$806 monthly 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