6848 Exeter StFlushingNY11375
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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 6848 Exeter St, Flushing, NY, 11375 priced at $1,490,000 pairs $10,920/mo rent with $970/mo cash flow after a $7,293/mo payment. Total monthly income equals $10,920/mo, and annual cash flow comes to $11,638/yr on $482,760 invested. Return on cash invested is 22.78% in year one, and rental yield stands at 8.79% on a $1,490,000 basis. Equity gained on principal adds $9,615/yr, and 5% annual appreciation accumulates to $411,660 by year five. Five-year ROI measures 118.8% and total cumulative return in cash reaches $573,496. For financing, Ziffy Mortgage’s DSCR program evaluates $10,920/mo property income against a $7,293/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 1940
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 |
Housing Distribution
Address Breakdown
Residential
33,668
Single Family
6,622
Multi-Family
27,046
Businesses
1,853
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