4131 51st St APT 3F, Flushing, NY, 11377 | 9.91% Rental Yield

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4131 51st St APT 3F, Flushing, NY, 11377 | 9.91% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Flushing at 4131 51st St APT 3F, Flushing, NY, 11377 generates $2,882/mo in rent, after a $1,708/mo payment. Total monthly income is $2,882/mo. Return on cash invested sits at 16.81% in year one, and rental yield is 9.91% on a $349,000 entry. Equity gained on principal adds $2,252/yr, while 5% annual appreciation builds toward $96,422 over five years. Five-year ROI reaches 90.08% and total cumulative return in cash sums $104,220. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,882/mo property income rather than buyer’s personal income.

Condo

Built in 1964

N/A lot

$N/A/sqft

$850 monthly HOA

More details about the property

Welcome to this charming and spacious one-bedroom Co-Op apartment located at the desirable Sunnyside/Woodside border, just one block away from the subway station for a quick and easy commute into Manhattan. This bright and sunny unit boasts a fantastic open-concept layout that creates a sense of even more space, perfect for comfortable living and entertaining. The large living area flows seamlessly into a well-sized kitchen, while the generous bedroom offers plenty of room to relax and unwind. With low maintenance fees, this apartment offers an excellent opportunity for first-time buyers or those looking to downsize in a vibrant neighborhood. This apartment has immense potential, ready for you to add your personal touch and make it your own. With easy access to public transportation, parks, shops, and local dining, you'll have everything you need right at your doorstep. Whether you're looking to invest or create your dream living space, this unit offers the perfect blend of convenience, value, and possibility. Don't miss out on the opportunity to own a piece of this prime location!!

Neighborhood Data

Neighborhood data shown for ZIP Code: 11377, Woodside, NY area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	36,081 (100%)
Owner Occupied HU	9,728 (27.0%)
Renter Occupied HU	23,990 (66.5%)
Vacant Housing Units	2,363 ( 6.5%)
Median Home Value	$795,294
Average Home Value	$813,384