40th Rd UNIT 17VFlushingNY11354
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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 17V, Flushing, NY, 11354 at $713,000 posts ROI 7.83% with from $2,760/mo rent. Total monthly income equals $2,760/mo. Return on cash invested measures 7.83% and rental yield reads 4.65% at the current $713,000. Equity gained on principal adds $4,601/yr, and 5% annual appreciation supports $196,989 by year five. Five-year ROI prints 39.39% and total cumulative return in cash totals $92,405. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,760/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 2024
N/A lot
$N/A/sqft
$390 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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