2208 76th St APT D2FlushingNY11370
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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 2208 76th St APT D2, Flushing, NY, 11370 offers a 8.17% rental yield on a $439,000 purchase with $2,988/mo rent. Total monthly income registers $2,988/mo, and a $2,149/mo payment leaves $56/mo available for distribution. Annual cash flow reaches $673/yr on $145,529 to close, and return on cash invested stands at 20.37% in year one. Equity gained on principal adds $2,833/yr while 5% annual appreciation supports $121,288 over five years. Portfolio math shows five-year ROI at 106% and total cumulative return in cash at $154,256. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,988/mo property income against a $2,149/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11370, East Elmhurst, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,647 (100%) |
| Owner Occupied HU | 4,231 (39.7%) |
| Renter Occupied HU | 5,718 (53.7%) |
| Vacant Housing Units | 698 ( 6.6%) |
| Median Home Value | $876,118 |
| Average Home Value | $926,655 |
Housing Distribution
Address Breakdown
Residential
6,719
Single Family
5,323
Multi-Family
1,396
Businesses
254
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