38-30 215th PlaceFlushingNY11361
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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 38-30 215th Place, Flushing, NY, 11361 earns from $4,230/mo rent with a $3,612/mo payment. Total monthly income totals $4,230/mo. ROI tracks 16.61% on current figures, and rental yield reads 6.88% at a $738,000 purchase. Equity gained on principal adds $4,762/yr, and 5% annual appreciation supports $203,896 over five years. Five-year ROI reaches 85.76% and total cumulative return in cash sums $208,218. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,230/mo property income instead of your personal income.
Single Family
Built in 1940
2,900 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11361, Bayside, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,545 (100%) |
| Owner Occupied HU | 5,868 (50.8%) |
| Renter Occupied HU | 5,084 (44.0%) |
| Vacant Housing Units | 593 ( 5.1%) |
| Median Home Value | $935,890 |
| Average Home Value | $990,301 |
Housing Distribution
Address Breakdown
Residential
9,696
Single Family
7,226
Multi-Family
2,470
Businesses
1,094
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