





A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Flushing at 3229 Junction Boulevard, Flushing, NY, 11369 with 5% annual appreciation on a $1,800,000 basis while $3,209/mo rent supports operations. 24% in year one. Equity gained on principal adds $11,615/yr, and five-year appreciation sums $497,307 alongside rental yield of 2.14%. Five-year ROI measures 8.65% and total cumulative return in cash totals $50,423. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,209/mo property income versus a $8,810/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Multi Family
Built in 1920
1,940 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 11369, East Elmhurst, NY area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,661 (100%) |
| Owner Occupied HU | 5,344 (42.2%) |
| Renter Occupied HU | 6,442 (50.9%) |
| Vacant Housing Units | 875 ( 6.9%) |
| Median Home Value | $830,833 |
| Average Home Value | $834,560 |
Residential
7,855
Single Family
5,529
Multi-Family
2,326
Businesses
348
Date | Event | Price |
|---|---|---|
| 2025-01-30 | Listed for sale | $1,800,000 |
| 2010-03-14 | Sold | $425,000 |
| 2007-12-19 | Sold | $747,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-02-13 | N/A | N/A | $62,760 | 22.05% |
| 2022-02-13 | N/A | N/A | $51,420 | 11.30% |
| 2021-02-13 | N/A | N/A | $46,200 | -2.53% |



Listed by: Miriam C. Vasquez CBR • Rock Realty Inc
Mls Name: OneKey MLS
Mls Provider:
Mls ID: #818827
Disclaimer: The data relating to real estate for sale or lease on this web site comes in part from OneKey MLS. Real estate listings held by brokerage firms other than Zillow, Inc are marked with the OneKey MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2025 OneKey MLS. All rights reserved.