68-19 60th DrFlushingNY11378
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingInvestors approaching the U.S. market with capital-preservation in mind will find 68-19 60th Dr, Flushing, NY, 11378 in Flushing aligned with their strategy. Rental yield 6.33%. DSCR 1.17 and 6.33% yield provide a sound foundation. Ziffy Mortgage's DSCR program enables non-U.S. residents to acquire without domestic credit. Over five years, 5% appreciation and $7,829/yr in paydown build toward a projected cumulative return of $247,581.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.3% | 4.5% |
| Monthly Cash Flow | $(1,191) | $1,850 |
City averages based on Flushing market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $4,486 |
| Total Monthly Debt Service | $5,338 |
| DSCR Ratio | 0.84x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1940
2,100 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1940
2,100 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices