25-34 Union St #5EFlushingNY11354
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeAt $315,000, 25-34 Union St #5E, Flushing, NY, 11354 in Flushing generates $2,216/mo in rent (8.44% yield) but nets only $112/mo after debt service. The spread is thin, manageable for investors comfortable with low-margin holds who are buying into the 5% annual appreciation thesis. Ziffy Mortgage's DSCR loan (1.56) allows non-U.S. residents to acquire without personal income checks. A larger down payment reduces the monthly debt load and widens the margin. Five-year appreciation: $87,029. Total projected return: $127,426.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.4% | 4.5% |
| Monthly Cash Flow | $112 | $1,850 |
City averages based on Flushing market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,216 |
| Total Monthly Debt Service | $1,978 |
| DSCR Ratio | 1.12x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1957
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11354, Flushing, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,769 (100%) |
| Owner Occupied HU | 9,061 (33.8%) |
| Renter Occupied HU | 15,875 (59.3%) |
| Vacant Housing Units | 1,833 ( 6.8%) |
| Median Home Value | $693,225 |
| Average Home Value | $755,105 |
Housing Distribution
Address Breakdown
Residential
22,149
Single Family
4,757
Multi-Family
17,392
Businesses
3,549
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
Condo
Built in 1957
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11354, Flushing, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,769 (100%) |
| Owner Occupied HU | 9,061 (33.8%) |
| Renter Occupied HU | 15,875 (59.3%) |
| Vacant Housing Units | 1,833 ( 6.8%) |
| Median Home Value | $693,225 |
| Average Home Value | $755,105 |
Housing Distribution
Address Breakdown
Residential
22,149
Single Family
4,757
Multi-Family
17,392
Businesses
3,549
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices