220-55 46th Avenue #7SFlushingNY11361
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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 220-55 46th Avenue #7S, Flushing, NY, 11361 earns $412/mo cash flow from $2,274/mo rent with a $1,365/mo payment. Total monthly income totals $2,274/mo, and annual cash flow totals $4,940/yr on $92,451 capital. ROI tracks 25.25% on current figures, and rental yield reads 9.78% at a $278,888 purchase. Equity gained on principal adds $1,800/yr, and 5% annual appreciation supports $77,052 over five years. Five-year ROI reaches 132.14% and total cumulative return in cash sums $122,168. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,274/mo property income instead of your personal income.
Condo
Built in 1961
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11361, Bayside, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,545 (100%) |
| Owner Occupied HU | 5,868 (50.8%) |
| Renter Occupied HU | 5,084 (44.0%) |
| Vacant Housing Units | 593 ( 5.1%) |
| Median Home Value | $935,890 |
| Average Home Value | $990,301 |
Housing Distribution
Address Breakdown
Residential
9,696
Single Family
7,226
Multi-Family
2,470
Businesses
1,094
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