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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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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 4P, Flushing, NY, 11354 with 5% annual appreciation on a $498,000 basis while $2,760/mo rent supports operations. 45% in year one. Equity gained on principal adds $3,214/yr, and five-year appreciation sums $137,588 alongside rental yield of 6.65%. Five-year ROI measures 69.67% and total cumulative return in cash totals $115,024. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,760/mo property income versus a $2,437/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 2024
N/A lot
$N/A/sqft
$324 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 |
|---|---|---|
| 2024-10-29 | Listed for sale | $498,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Hsin Yuan Yang • E Realty International Corp
Mls Name: StreetEasy
Mls ID: #S1728855
