37-17 111th #5BFlushingNY11368
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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 37-17 111th #5B, Flushing, NY, 11368 offers a 6.58% rental yield on a $553,000 purchase with $3,030/mo rent. 72% in year one. Equity gained on principal adds $3,568/yr while 5% annual appreciation supports $152,784 over five years. Portfolio math shows five-year ROI at 70.98% and total cumulative return in cash at $129,136. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,030/mo property income against a $2,707/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2009
N/A lot
$N/A/sqft
$298 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11368, Corona, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 33,238 (100%) |
| Owner Occupied HU | 5,682 (17.1%) |
| Renter Occupied HU | 25,957 (78.1%) |
| Vacant Housing Units | 1,599 ( 4.8%) |
| Median Home Value | $918,489 |
| Average Home Value | $938,312 |
Housing Distribution
Address Breakdown
Residential
22,005
Single Family
6,554
Multi-Family
15,451
Businesses
2,065
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Listed by: Hsin Yuan Yang • E Realty International Corp
Mls Name: OneKey MLS
Mls Provider:
Mls ID: #890046
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