5230 39th Dr APT 1S, Flushing, NY, 11377 | $2,036/mo Cash Flow

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

5230 39th Dr APT 1S, Flushing, NY, 11377 | $2,036/mo Cash Flow | Ziffy

Sold

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
2 Bath
- sft

5230 39th Dr APT 6T, Flushing, NY, 11377

1 Bed
1 Bath
- sft

172 E 4th St APT 6C, Manhattan, NY, 10009

4 Bed
3 Bath
2542 sft

89 Ocean Ter, Staten Island, NY, 10314

4 Bed
5 Bath
2352 sft

182 Benedict Ave, Staten Island, NY, 10314

Nearby investment properties with comparable prices

- Bed
1 Bath
500 sft

235 Park Ave APT 1C, Hoboken, NJ, 07030

Motivated Seller+ 1 more

- Bed
1 Bath
- sft

318 W 15th St APT A, New York, NY, 10011

2 Bed
3 Bath
- sft

37 Krueger Ct, Newark, NJ, 07103

1 Bed
1 Bath
- sft

330 3rd Ave #5LL, New York, NY, 10010

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Flushing at 5230 39th Dr APT 1S, Flushing, NY, 11377 listed at $369,000 pairs $5,269/mo rent with a $1,806/mo payment to leave $2,036/mo cash flow. Total monthly income runs $5,269/mo, and annual cash flow reaches $24,431/yr on $122,324 cash to close. Return on cash invested measures 39.88% in year one, and rental yield registers 17.13% at a $369,000 basis. Equity gained on principal adds $2,381/yr, and annual property appreciation at 5% supports $101,948 by year five. Five-year ROI tracks 213.3% and total cumulative return in cash totals $260,919. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,269/mo property income relative to a $1,806/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Condo

Built in 1963

N/A lot

$N/A/sqft

$769 monthly HOA

More details about the property

High 1st floor 1-Bed Co-op with large Private Terrace and Open View One bedroom Co-op with large (the width of the unit) private terrace with open views. This original 1970's unit offers a large living room with a dining area, 2 double floor to ceiling closets and a linen closet. This can be transformed into a lovely apartment for someone to enjoy with the precious outdoor space. Maintenance: $769/ month - includes heat, water, cooking gas, electricity and real estate taxes. (AC usage is $25/month/unit). There is a flip tax of 20% of profit paid by the seller. This unit is part of the pet friendly Berkeley Towers co-op complex which features a 12 story elevator building, live in super, full service doorman, management on premise, lobby level laundry and package/mail area. There is also a lovely outdoor community patio and a private recreation room. Rental parking (indoor/outdoor) and storage - both are on a waitlist. No subletting permitted. Close to transportation (#7 train, LIRR, Q 32 & 60 and shuttle to LaGuardia airport), shopping, restaurants, cafes, library, Windmuller Park and eligibility for private park membership at Sunnyside Gardens Park.

Neighborhood Data

Neighborhood data shown for ZIP Code: 11377, Woodside, NY area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	36,081 (100%)
Owner Occupied HU	9,728 (27.0%)
Renter Occupied HU	23,990 (66.5%)
Vacant Housing Units	2,363 ( 6.5%)
Median Home Value	$795,294
Average Home Value	$813,384