33-18 171st StreetFlushingNY11358
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid fundamentals define the investment case at 33-18 171st Street, Flushing, NY, 11358 in Flushing: $7,187/mo in rent, $1,183/mo in net income, 9.59% gross yield, 1.78 DSCR, all at $899,000. Ziffy Mortgage's DSCR mortgage qualifies using the property's income alone, clearing approval without U.S. residency or credit. Five-year equity from $248,377 in appreciation and $8,280/yr in principal paydown projects total cumulative return of $418,988.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.6% | 4.5% |
| Monthly Cash Flow | $1,183 | $1,850 |
City averages based on Flushing market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $7,187 |
| Total Monthly Debt Service | $5,646 |
| DSCR Ratio | 1.27x |
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.
Single Family
Built in 1935
4,000 sqft 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
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
Single Family
Built in 1935
4,000 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices