








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Flushing at 40th Rd UNIT 12I, Flushing, NY, 11354 offers a 5.08% rental yield on a $992,000 purchase with $4,200/mo rent. 16% in year one. Equity gained on principal adds $6,401/yr while 5% annual appreciation supports $274,071 over five years. Portfolio math shows five-year ROI at 46.54% and total cumulative return in cash at $151,884. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,200/mo property income against a $4,855/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2024
N/A lot
$N/A/sqft
$540 monthly HOA
Neighborhood data shown for ZIP Code: 11354, Flushing, NY area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,769 (100%) |
| Owner Occupied HU | 9,061 (33.8%) |
| Renter Occupied HU | 15,875 (59.3%) |
| Vacant Housing Units | 1,833 ( 6.8%) |
| Median Home Value | $693,225 |
| Average Home Value | $755,105 |
Residential
22,149
Single Family
4,757
Multi-Family
17,392
Businesses
3,549
Date | Event | Price |
|---|---|---|
| 2024-10-11 | Listed for sale | $992,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Longfield Queens Sales Team • Jade Century Properties
Mls Name: StreetEasy
Mls ID: #S1677119