40-03 Woodside AveFlushingNY11377
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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
Rental property for sale in Flushing at 40-03 Woodside Ave, Flushing, NY, 11377 offers $6,617/mo rent that, after a $6,304/mo payment. Total monthly income is $6,617/mo. Return on cash invested measures 14.66% in year one, and rental yield stands at 6.16% at a $1,288,000 entry. Equity gained on principal adds $8,311/yr while 5% annual appreciation compounds into $355,851 by year five. Five-year ROI records 75.29% and total cumulative return in cash reaches $314,176. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $6,617/mo property income versus a $6,304/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Multi Family
Built in N/A
2,575 sqft 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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