7363 198th StFlushingNY11366
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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 7363 198th St, Flushing, NY, 11366 listed at $1,260,900 pairs $4,488/mo rent with a $6,171/mo payment. Total monthly income runs $4,488/mo. Return on cash invested measures 8.82% in year one, and rental yield registers 4.27% at a $1,260,900 basis. Equity gained on principal adds $8,136/yr, and annual property appreciation at 5% supports $348,363 by year five. Five-year ROI tracks 43.95% and total cumulative return in cash totals $179,536. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,488/mo property income relative to a $6,171/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1955
2,911 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11366, Fresh Meadows, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,761 (100%) |
| Owner Occupied HU | 2,936 (61.7%) |
| Renter Occupied HU | 1,548 (32.5%) |
| Vacant Housing Units | 277 ( 5.8%) |
| Median Home Value | $942,430 |
| Average Home Value | $1,007,801 |
Housing Distribution
Address Breakdown
Residential
4,367
Single Family
3,858
Multi-Family
509
Businesses
489
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