








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 16T, Flushing, NY, 11354 listed at $896,000 pairs $4,200/mo rent with a $4,385/mo payment. Total monthly income runs $4,200/mo. Return on cash invested measures 12.8% in year one, and rental yield registers 5.63% at a $896,000 basis. Equity gained on principal adds $5,782/yr, and annual property appreciation at 5% supports $247,548 by year five. Five-year ROI tracks 65.36% and total cumulative return in cash totals $192,664. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,200/mo property income relative to a $4,385/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2024
N/A lot
$N/A/sqft
No 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Shirley Yang • E Realty International Corp
Mls Name: StreetEasy
Mls ID: #S1781399