46-01 39th Ave APT 509, Sunnyside, NY, 11104 | $138/mo Cash Flow

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46-01 39th Ave APT 509, Sunnyside, NY, 11104 | $138/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Sunnyside at 46-01 39th Ave APT 509, Sunnyside, NY, 11104 listed at $265,000 pairs $1,908/mo rent with a $1,297/mo payment to leave $138/mo cash flow. Total monthly income runs $1,908/mo, and annual cash flow reaches $1,661/yr on $87,848 cash to close. Return on cash invested measures 21.8% in year one, and rental yield registers 8.64% at a $265,000 basis. Equity gained on principal adds $1,710/yr, and annual property appreciation at 5% supports $73,215 by year five. Five-year ROI tracks 113.64% and total cumulative return in cash totals $99,831. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,908/mo property income relative to a $1,297/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Condo

Built in 1961

N/A lot

$N/A/sqft

No HOA

More details about the property

Welcome home to this Sunny and inviting Studio at Sunnyside Towers, one of the neighborhoods most coveted full-service coops. Bathed in natural light from oversized windows, this thoughtfully designed apartment offers a perfect balance of modern comfort and classic charm. The open, efficient layout creates a seamless flow between living, dining, and sleeping area. Hardwood floors, generous closet space and a well-appointed kitchen are ideal for everyday living. Sunnyside Towers is well-known for its FANTASTIC AMENITIES. Resort-style living with a heated seasonal outdoor pool, barbecue and lounge area, and a beautifully landscaped private garden. Residents have privileged membership access to nearby SUNNYSIDE GARDENS, providing a serene and beautifully maintained green space with Tennis Courts just steps from home!! Cats are welcome, and dogs are permitted with ESA status. Subletting is not allowed. Perfectly positioned in the heart of Sunnyside, Queens, this residence places you moments from the 7 train at 46th Street, providing a quick and effortless commute to Midtown Manhattan. Enjoy the neighborhoods signature charm tree-lined streets, local cafs, artisanal bakeries, shops, and parks all within easy reach. A rare opportunity to own a light-filled studio in one of Sunnysides most established and amenity-rich co-op communities, where every detail is designed to elevate daily living. *Coop board application & approval applies

Neighborhood Data

Neighborhood data shown for ZIP Code: 11104, Sunnyside, NY area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	12,534 (100%)
Owner Occupied HU	1,974 (15.7%)
Renter Occupied HU	9,861 (78.7%)
Vacant Housing Units	699 ( 5.6%)
Median Home Value	$807,059
Average Home Value	$899,039