7839 162nd StFlushingNY11366
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 7839 162nd St, Flushing, NY, 11366 earns from $3,336/mo rent with a $6,989/mo payment. Total monthly income totals $3,336/mo. ROI tracks 4.29% on current figures, and rental yield reads 2.8% at a $1,428,000 purchase. Equity gained on principal adds $9,215/yr, and 5% annual appreciation supports $394,530 over five years. Five-year ROI reaches 19.65% and total cumulative return in cash sums $90,914. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,336/mo property income instead of your personal income.
Multi Family
Built in 1940
2,646 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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