2815 159th StFlushingNY11358
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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 2815 159th St, Flushing, NY, 11358 offers a 4.4% rental yield on a $1,338,888 purchase with $4,907/mo rent. 21% in year one. Equity gained on principal adds $8,640/yr while 5% annual appreciation supports $369,910 over five years. Portfolio math shows five-year ROI at 46.04% and total cumulative return in cash at $199,725. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,907/mo property income against a $6,553/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1920
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11358, Flushing, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,822 (100%) |
| Owner Occupied HU | 7,286 (49.2%) |
| Renter Occupied HU | 6,714 (45.3%) |
| Vacant Housing Units | 822 ( 5.5%) |
| Median Home Value | $940,113 |
| Average Home Value | $1,005,218 |
Housing Distribution
Address Breakdown
Residential
12,216
Single Family
9,565
Multi-Family
2,651
Businesses
1,202
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