2 Bay Club Dr APT 6JFlushingNY11360
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
Rental property for sale in Flushing at 2 Bay Club Dr APT 6J, Flushing, NY, 11360 priced at $638,000 pairs $4,415/mo rent with after a $3,123/mo payment. Total monthly income equals $4,415/mo. Return on cash invested is 13.12% in year one, and rental yield stands at 8.3% on a $638,000 basis. Equity gained on principal adds $4,117/yr, and 5% annual appreciation accumulates to $176,268 by year five. Five-year ROI measures 69.87% and total cumulative return in cash reaches $146,666. For financing, Ziffy Mortgage’s DSCR program evaluates $4,415/mo property income against a $3,123/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1983
N/A lot
$N/A/sqft
$1,369 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11360, Bayside, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,496 (100%) |
| Owner Occupied HU | 6,336 (66.7%) |
| Renter Occupied HU | 2,598 (27.4%) |
| Vacant Housing Units | 562 ( 5.9%) |
| Median Home Value | $742,463 |
| Average Home Value | $801,650 |
Housing Distribution
Address Breakdown
Residential
8,782
Single Family
4,071
Multi-Family
4,711
Businesses
319
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices