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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 42-23 Parsons Boulevard #3B, Flushing, NY, 11355 offers a 6.39% rental yield on a $699,000 purchase with $3,720/mo rent. 29% in year one. Equity gained on principal adds $4,511/yr while 5% annual appreciation supports $193,121 over five years. Portfolio math shows five-year ROI at 68.65% and total cumulative return in cash at $157,874. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,720/mo property income against a $3,421/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2022
N/A lot
$N/A/sqft
$349 monthly HOA
Neighborhood data shown for ZIP Code: 11355, Flushing, NY area.
| 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 |
Residential
28,128
Single Family
6,953
Multi-Family
21,175
Businesses
1,569
Date | Event | Price |
|---|---|---|
| 2025-04-02 | Listed for sale | $699,000 |
| 2023-12-07 | Listing removed | N/A |
| 2022-12-23 | Listed for sale | $675,648 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
What's Special
None
Listed by: Hsin Yuan Yang • E Realty International Corp
Mls Name: OneKey MLS
Mls Provider:
Mls ID: #843839
Disclaimer: The data relating to real estate for sale or lease on this web site comes in part from OneKey MLS. Real estate listings held by brokerage firms other than Zillow, Inc are marked with the OneKey MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2025 OneKey MLS. All rights reserved.
