59-06 59 DriveFlushingNY11378
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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
Investment property for sale in Flushing at 59-06 59 Drive, Flushing, NY, 11378 earns from $4,032/mo rent with a $5,134/mo payment. Total monthly income totals $4,032/mo. ROI tracks 9.87% on current figures, and rental yield reads 4.61% at a $1,049,000 purchase. Equity gained on principal adds $6,769/yr, and 5% annual appreciation supports $289,819 over five years. Five-year ROI reaches 49.59% and total cumulative return in cash sums $168,556. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,032/mo property income instead of your personal income.
Multi Family
Built in 1930
2,128 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11378, Maspeth, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,641 (100%) |
| Owner Occupied HU | 6,295 (43.0%) |
| Renter Occupied HU | 7,386 (50.4%) |
| Vacant Housing Units | 960 ( 6.6%) |
| Median Home Value | $868,742 |
| Average Home Value | $899,708 |
Housing Distribution
Address Breakdown
Residential
9,263
Single Family
7,618
Multi-Family
1,645
Businesses
1,312
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