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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Flushing at 7337 Austin St APT 7C, Flushing, NY, 11375 generates $2,786/mo in rent, after a $1,884/mo payment. Total monthly income is $2,786/mo. Return on cash invested sits at 12.66% in year one, and rental yield is 8.68% on a $385,000 entry. Equity gained on principal adds $2,484/yr, while 5% annual appreciation builds toward $106,368 over five years. Five-year ROI reaches 68.01% and total cumulative return in cash sums $86,794. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,786/mo property income rather than buyer’s personal income.
Condo
Built in 1928
N/A lot
$N/A/sqft
$986 monthly HOA
Neighborhood data shown for ZIP Code: 11375, Forest Hills, NY area.
| 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 |
Residential
33,668
Single Family
6,622
Multi-Family
27,046
Businesses
1,853
Date | Event | Price |
|---|---|---|
| 2024-10-08 | Price change | $385,000 |
| 2024-08-20 | Listed for sale | $399,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2020-11-14 | N/A | N/A | N/A | N/A |
| 2019-11-14 | N/A | N/A | N/A | N/A |
| 2018-11-14 | $366653.53 | N/A | $2,907,180 | 5.20% |
Listed by: Yael Goldman • Brown Harris Stevens Forest Hills LLC
Mls Name: StreetEasy
Mls ID: #S1730844
