4420 Douglaston Pkwy APT 6BFlushingNY11363
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe cash-flow margin at 4420 Douglaston Pkwy APT 6B, Flushing, NY, 11363 in Flushing is narrow, $94/mo net on $2,834/mo rent after the $1,205/mo debt service, but the property operates at break-even-plus, not a loss. At $268,000 with a 12.69% yield, the long-run equity case via 5% appreciation ($74,043 over five years) and $2,468/yr in principal paydown is where the returns accumulate. Ziffy Mortgage's 2.35 DSCR loan requires no W-2s or U.S. credit. Total projected cumulative return: $112,388.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 12.7% | 4.5% |
| Monthly Cash Flow | $94 | $1,850 |
City averages based on Flushing market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,834 |
| Total Monthly Debt Service | $2,634 |
| DSCR Ratio | 1.08x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1963
N/A lot
$N/A/sqft
$951 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Condo
Built in 1963
N/A lot
$N/A/sqft
$951 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices