4230 Douglaston Pkwy APT 7GFlushingNY11363
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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
Rental property for sale in Flushing at 4230 Douglaston Pkwy APT 7G, Flushing, NY, 11363 generates $3,973/mo in rent and, after a $2,050/mo payment, leaves $25/mo in cash flow. Total monthly income is $3,973/mo, and annual cash flow is $300/yr on $138,861 invested. Return on cash invested sits at 20.12% in year one, and rental yield is 11.38% on a $418,888 entry. Equity gained on principal adds $2,703/yr, while 5% annual appreciation builds toward $115,731 over five years. Five-year ROI reaches 108.23% and total cumulative return in cash sums $150,294. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,973/mo property income rather than buyer’s personal income.
Condo
Built in 1964
N/A lot
$N/A/sqft
$1,151 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11363, Little Neck, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,933 (100%) |
| Owner Occupied HU | 1,892 (64.5%) |
| Renter Occupied HU | 866 (29.5%) |
| Vacant Housing Units | 175 ( 6.0%) |
| Median Home Value | $1,074,519 |
| Average Home Value | $1,146,069 |
Housing Distribution
Address Breakdown
Residential
2,620
Single Family
2,155
Multi-Family
465
Businesses
186
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