7040 Utopia Pkwy, Flushing, NY, 11365 | 6.95% Rental Yield

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

Total monthly income runs $4,910/mo, and a $4,151/mo payment. Purchase price stands at $848,000, and rental yield measures 6.95% with $4,910/mo rent. Return on cash invested shows 16.82% in year one, and 5% annual appreciation builds toward $234,287 over five years. Five-year ROI reaches 86.89% and total cumulative return in cash records $242,418. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,910/mo property income covering a $4,151/mo payment rather than investor’s personal income.

Single Family

Built in 1940

N/A lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 11365, Fresh Meadows, NY area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	16,014 (100%)
Owner Occupied HU	6,407 (40.0%)
Renter Occupied HU	8,958 (55.9%)
Vacant Housing Units	649 ( 4.1%)
Median Home Value	$911,484
Average Home Value	$962,059