3520 62nd StFlushingNY11377
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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 3520 62nd St, Flushing, NY, 11377 earns from $5,912/mo rent with a $6,994/mo payment. Total monthly income totals $5,912/mo. ROI tracks 10.96% on current figures, and rental yield reads 4.96% at a $1,429,000 purchase. Equity gained on principal adds $9,221/yr, and 5% annual appreciation supports $394,806 over five years. Five-year ROI reaches 55.41% and total cumulative return in cash sums $256,564. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,912/mo property income instead of your personal income.
Multi Family
Built in 1925
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11377, Woodside, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 36,081 (100%) |
| Owner Occupied HU | 9,728 (27.0%) |
| Renter Occupied HU | 23,990 (66.5%) |
| Vacant Housing Units | 2,363 ( 6.5%) |
| Median Home Value | $795,294 |
| Average Home Value | $813,384 |
Housing Distribution
Address Breakdown
Residential
27,245
Single Family
7,272
Multi-Family
19,973
Businesses
1,984
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