22055 46th Ave APT 11LFlushingNY11361
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
Investment property for sale in Flushing at 22055 46th Ave APT 11L, Flushing, NY, 11361 listed at $385,000 pairs $2,727/mo rent with a $1,884/mo payment to leave $156/mo cash flow. Total monthly income runs $2,727/mo, and annual cash flow reaches $1,877/yr on $127,628 cash to close. Return on cash invested measures 21.38% in year one, and rental yield registers 8.5% at a $385,000 basis. Equity gained on principal adds $2,484/yr, and annual property appreciation at 5% supports $106,368 by year five. Five-year ROI tracks 111.37% and total cumulative return in cash totals $142,138. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,727/mo property income relative to a $1,884/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices