40th Rd UNIT 12MFlushingNY11354
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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 40th Rd UNIT 12M, Flushing, NY, 11354 with 5% annual appreciation on a $621,000 basis while $2,760/mo rent supports operations. 8% in year one. Equity gained on principal adds $4,007/yr, and five-year appreciation sums $171,571 alongside rental yield of 5.33%. Five-year ROI measures 50% and total cumulative return in cash totals $102,161. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,760/mo property income versus a $3,039/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 2024
N/A lot
$N/A/sqft
$361 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11354, Flushing, NY area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
22,149
Single Family
4,757
Multi-Family
17,392
Businesses
3,549
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