6474 Saunders St APT 4AFlushingNY11374
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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 6474 Saunders St APT 4A, Flushing, NY, 11374 priced at $269,000 pairs $1,903/mo rent with after a $1,317/mo payment. Total monthly income equals $1,903/mo. Return on cash invested is 8.49% in year one, and rental yield stands at 8.49% on a $269,000 basis. Equity gained on principal adds $1,736/yr, and 5% annual appreciation accumulates to $74,320 by year five. Five-year ROI measures 46.95% and total cumulative return in cash reaches $41,867. For financing, Ziffy Mortgage’s DSCR program evaluates $1,903/mo property income against a $1,317/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1950
N/A lot
$N/A/sqft
$955 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11374, Rego Park, NY area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
20,478
Single Family
3,205
Multi-Family
17,273
Businesses
939
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