24022 70th Ave #9B, Flushing, NY, 11362 | 5.21% Rental Yield

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24022 70th Ave #9B, Flushing, NY, 11362 | 5.21% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Flushing at 24022 70th Ave #9B, Flushing, NY, 11362 earns from $3,424/mo rent with a $3,862/mo payment. Total monthly income totals $3,424/mo. ROI tracks 11.53% on current figures, and rental yield reads 5.21% at a $789,000 purchase. Equity gained on principal adds $5,091/yr, and 5% annual appreciation supports $217,986 over five years. Five-year ROI reaches 58.52% and total cumulative return in cash sums $151,906. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,424/mo property income instead of your personal income.

Condo

Built in N/A

N/A lot

$N/A/sqft

No HOA

More details about the property

Pristine, Sun-Drenched Corner 3beds Condo in Highly Sought After High Point Condominium of Douglaston. This Apartment is in the 2nd Floor and Features 3 Bedrooms, 2 Full Bathrooms, a Bright and Oversize L-Shaped Living Room-Dining Room with Wall to Wall Windows, Hardwood Floors Throughout Out and Spacious Kitchen. The Master Bedroom Lays an Ensuite Bathroom and Sliding Glass Doors to a Sunny Terrace. Washer And Dryer in Unit. There is a Huge Private Storage Room in the Basement. This Apartment comes with Garage, Driveway and a Assigned Parking Spaces. Pet Friendly. Extremely close to Shops, Alley Pond Park, Douglaston Golf Course, QM5 Express Bus to NYC, Q30 to Flushing, Short Drive to LIRR, Long Island Expressway, Grand Central Parkway and Cross Island Parkway. PS 221 and MS 67 are affiliated with School District 26.

Neighborhood Data

Neighborhood data shown for ZIP Code: 11362, Little Neck, NY area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	7,427 (100%)
Owner Occupied HU	5,639 (75.9%)
Renter Occupied HU	1,397 (18.8%)
Vacant Housing Units	391 ( 5.3%)
Median Home Value	$835,946
Average Home Value	$827,796