42-23 Parsons Blvd #6AFlushingNY11355
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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 42-23 Parsons Blvd #6A, Flushing, NY, 11355 with 5% annual appreciation on a $774,510 basis while $5,407/mo rent supports operations. 32% in year one. Equity gained on principal adds $4,998/yr, and five-year appreciation sums $213,983 alongside rental yield of 8.38%. Five-year ROI measures 100.99% and total cumulative return in cash totals $257,325. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $5,407/mo property income versus a $3,791/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in N/A
N/A lot
$N/A/sqft
$391 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11355, Flushing, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 32,864 (100%) |
| Owner Occupied HU | 9,376 (28.5%) |
| Renter Occupied HU | 21,576 (65.7%) |
| Vacant Housing Units | 1,912 ( 5.8%) |
| Median Home Value | $821,649 |
| Average Home Value | $866,527 |
Housing Distribution
Address Breakdown
Residential
28,128
Single Family
6,953
Multi-Family
21,175
Businesses
1,569
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