4628 162nd StFlushingNY11358
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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 4628 162nd St, Flushing, NY, 11358 generates $3,727/mo in rent, after a $3,949/mo payment. Total monthly income is $3,727/mo. Return on cash invested sits at 12.55% in year one, and rental yield is 5.54% on a $806,900 entry. Equity gained on principal adds $5,207/yr, while 5% annual appreciation builds toward $222,932 over five years. Five-year ROI reaches 64.01% and total cumulative return in cash sums $169,934. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,727/mo property income rather than buyer’s personal income.
Single Family
Built in 1920
2,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11358, Flushing, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,822 (100%) |
| Owner Occupied HU | 7,286 (49.2%) |
| Renter Occupied HU | 6,714 (45.3%) |
| Vacant Housing Units | 822 ( 5.5%) |
| Median Home Value | $940,113 |
| Average Home Value | $1,005,218 |
Housing Distribution
Address Breakdown
Residential
12,216
Single Family
9,565
Multi-Family
2,651
Businesses
1,202
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