42-19 218 StreetFlushingNY11361
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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 42-19 218 Street, Flushing, NY, 11361 earns from $4,920/mo rent with a $7,244/mo payment. Total monthly income totals $4,920/mo. ROI tracks 7.95% on current figures, and rental yield reads 3.99% at a $1,480,000 purchase. Equity gained on principal adds $9,550/yr, and 5% annual appreciation supports $408,897 over five years. Five-year ROI reaches 39.26% and total cumulative return in cash sums $188,276. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,920/mo property income instead of your personal income.
Single Family
Built in 1930
6,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11361, Bayside, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,545 (100%) |
| Owner Occupied HU | 5,868 (50.8%) |
| Renter Occupied HU | 5,084 (44.0%) |
| Vacant Housing Units | 593 ( 5.1%) |
| Median Home Value | $935,890 |
| Average Home Value | $990,301 |
Housing Distribution
Address Breakdown
Residential
9,696
Single Family
7,226
Multi-Family
2,470
Businesses
1,094
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