3521 79th St APT 2P, Flushing, NY, 11372 | $2,402/mo Cash Flow

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

3521 79th St APT 2P, Flushing, NY, 11372 | $2,402/mo Cash Flow | Ziffy

Sold

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

1 Bed
1 Bath
692 sft

549 Borden Ave APT 3C, Long Island City, NY, 11101

2 Bed
2 Bath
796 sft

70-09 45th Ave #3E, Woodside, NY, 11377

- Bed
1 Bath
676 sft

10 Nevins St #3K, Brooklyn, NY, 11217

Investment Property+ 1 more

8 Bed
5 Bath
3500 sft

116 Madison St, Brooklyn, NY, 11216

Nearby investment properties with comparable prices

2 Bed
1 Bath
922 sft

2615 John F Kennedy Blvd APT B-2, Jersey City, NJ, 07306

1 Bed
1 Bath
440 sft

100 Palisade Ave APT 2A, Jersey City, NJ, 07306

1 Bed
1 Bath
431 sft

40 Glenwood Ave #C303, Jersey City, NJ, 07306

2 Bed
1 Bath
- sft

123 Alexander St, Newark, NJ, 07106

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

Explore more listings using simple english

Investment Highlights

Rental property for sale in Flushing at 3521 79th St APT 2P, Flushing, NY, 11372 generates $4,931/mo in rent and, after a $1,444/mo payment, leaves $2,402/mo in cash flow. Total monthly income is $4,931/mo, and annual cash flow is $28,823/yr on $97,793 invested. Return on cash invested sits at 49.38% in year one, and rental yield is 20.06% on a $295,000 entry. Equity gained on principal adds $1,904/yr, while 5% annual appreciation builds toward $81,503 over five years. Five-year ROI reaches 264.01% and total cumulative return in cash sums $258,182. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,931/mo property income rather than buyer’s personal income.

Condo

Built in 1948

N/A lot

$N/A/sqft

$559 monthly HOA

More details about the property

Exquisitely renovated and artfully designed, this modified studio home will charm you with quality finishes, as well as meticulous attention to detail. Lined with three spacious closets, the entryway is a pivot point between the eat-in kitchen and a gracious living space. The kitchen offers two butcher block counters, custom ceramic tile backsplash, quality cabinets and is equipped with a full line of stainless steel appliances, complete with a dishwasher. Generous dining area enjoys the view of the tree lined block and the front courtyard. The living space has been cleverly reconfigured to allow for a double exposed corner living room and a separate windowed sleeping alcove, adjacent to the full bath. Attention to detail, such as track lights, paint-stripped metal doors and radiator covers, add tasteful accents to the home's decor. Recently updated with a new interior, new elevators, and a laundry room, the Monroe was erected in 1948 to the designs of William Hohauser. Centrally located in the Jackson Heights Historic District on a serene, tree-lined street, this property offers a prime location with convenient access to restaurants, shops, the farmer's market, and Travers Park. It is also just moments from the Roosevelt Transit Hub. Amenities include a private garden, bike storage, laundry facilities, a live-in super, and pet-friendly accommodations. Subletting is permitted with board approval. Showings are by appointment, call to schedule.

Neighborhood Data

Neighborhood data shown for ZIP Code: 11372, Jackson Heights, NY area.

Housing Distribution

Housing Statistics

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