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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Flushing at 61-24 157th St #R, Flushing, NY, 11367 offers a 7.63% rental yield on a $899,999 purchase with $5,719/mo rent. 88% in year one. Equity gained on principal adds $5,808/yr while 5% annual appreciation supports $248,653 over five years. Portfolio math shows five-year ROI at 97.93% and total cumulative return in cash at $289,979. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,719/mo property income against a $4,405/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1950
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 11367, Flushing, NY area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,834 (100%) |
| Owner Occupied HU | 7,105 (42.2%) |
| Renter Occupied HU | 8,819 (52.4%) |
| Vacant Housing Units | 910 ( 5.4%) |
| Median Home Value | $786,829 |
| Average Home Value | $751,460 |
Residential
14,721
Single Family
7,643
Multi-Family
7,078
Businesses
461
Date | Event | Price |
|---|---|---|
| 2024-08-12 | Price change | $899,999 |
| 2024-06-24 | Listed for sale | $948,888 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Randolph Saa - Licensed Associate Real Estate Broker • Coldwell Banker American Homes
Mls Name: StreetEasy
Mls ID: #1723672
