69-60 108th Street #719FlushingNY11375
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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
Investment property for sale in Flushing at 69-60 108th Street #719, Flushing, NY, 11375 earns $850/mo cash flow from $3,120/mo rent with a $1,664/mo payment. Total monthly income totals $3,120/mo, and annual cash flow totals $10,198/yr on $112,673 capital. ROI tracks 28.96% on current figures, and rental yield reads 11.02% at a $339,888 purchase. Equity gained on principal adds $2,193/yr, and 5% annual appreciation supports $93,905 over five years. Five-year ROI reaches 152.01% and total cumulative return in cash sums $171,271. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,120/mo property income instead of your personal income.
Condo
Built in 1951
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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