68-15 Selfridge Street 68-15 Selfridge Street #5G, Forest Hills, NY, 11375 | $110/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Forest Hills at 68-15 Selfridge Street 68-15 Selfridge Street #5G, Forest Hills, NY, 11375 offers a 8.44% rental yield on a $310,999 purchase with $2,187/mo rent. Total monthly income registers $2,187/mo, and a $1,522/mo payment leaves $110/mo available for distribution. Annual cash flow reaches $1,325/yr on $103,096 to close, and return on cash invested stands at 21.19% in year one. Equity gained on principal adds $2,007/yr while 5% annual appreciation supports $85,923 over five years. Portfolio math shows five-year ROI at 110.41% and total cumulative return in cash at $113,829. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,187/mo property income against a $1,522/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Condo

Built in 1960

N/A lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 11375, Forest Hills, NY area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	35,178 (100%)
Owner Occupied HU	16,568 (47.1%)
Renter Occupied HU	16,416 (46.7%)
Vacant Housing Units	2,194 ( 6.2%)
Median Home Value	$816,287
Average Home Value	$887,843