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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 6141 Saunders St APT B44, Flushing, NY, 11374 offers a 9.16% rental yield on a $189,000 purchase with $1,443/mo rent. Total monthly income registers $1,443/mo, and a $925/mo payment leaves $181/mo available for distribution. Annual cash flow reaches $2,171/yr on $62,654 to close, and return on cash invested stands at 23.37% in year one. Equity gained on principal adds $1,220/yr while 5% annual appreciation supports $52,217 over five years. Portfolio math shows five-year ROI at 122.08% and total cumulative return in cash at $76,486. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,443/mo property income against a $925/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1939
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 11374, Rego Park, NY area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,654 (100%) |
| Owner Occupied HU | 8,261 (38.1%) |
| Renter Occupied HU | 11,774 (54.4%) |
| Vacant Housing Units | 1,619 ( 7.5%) |
| Median Home Value | $654,765 |
| Average Home Value | $704,293 |
Residential
20,478
Single Family
3,205
Multi-Family
17,273
Businesses
939
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Gabriel Gutierrez • Better Homes and Gardens Dream Properties
Mls Name: StreetEasy
Mls ID: #S1781264
