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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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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 Jackson Heights at 35-11 85th St APT 1B, Jackson Heights, NY, 11372 uses $99,119 cash to close to unlock $1,365/yr annual cash flow and $114/mo monthly cash flow. Total monthly income runs $2,760/mo, and a $1,463/mo payment keeps the spread at $114/mo. Purchase price stands at $299,000, and rental yield measures 11.08% with $2,760/mo rent. Return on cash invested shows 21.29% in year one, and 5% annual appreciation builds toward $82,608 over five years. Five-year ROI reaches 113.73% and total cumulative return in cash records $112,726. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,760/mo property income covering a $1,463/mo payment rather than investor’s personal income.
Condo
Built in 1953
N/A lot
$N/A/sqft
$650 monthly HOA
Neighborhood data shown for ZIP Code: 11372, Jackson Heights, NY area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,163 (100%) |
| Owner Occupied HU | 8,913 (34.1%) |
| Renter Occupied HU | 15,967 (61.0%) |
| Vacant Housing Units | 1,283 ( 4.9%) |
| Median Home Value | $581,835 |
| Average Home Value | $683,675 |
Residential
23,743
Single Family
2,757
Multi-Family
20,986
Businesses
2,095
Date | Event | Price |
|---|---|---|
| 2025-06-24 | Listed for sale | $299,000 |
| 2015-09-09 | Sold | $198,000 |
| 2015-01-05 | Sold | $123,335 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2010-06-25 | N/A | N/A | N/A | N/A |
Listed by: Jaime Mesa • RE MAX Team
Mls Name: StreetEasy
Mls ID: #S1777679
