8419 51st Ave APT 4EFlushingNY11373
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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 8419 51st Ave APT 4E, Flushing, NY, 11373 earns $766/mo cash flow from $3,722/mo rent with a $1,693/mo payment. Total monthly income totals $3,722/mo, and annual cash flow totals $9,194/yr on $114,662 capital. ROI tracks 27.93% on current figures, and rental yield reads 12.91% at a $345,888 purchase. Equity gained on principal adds $2,232/yr, and 5% annual appreciation supports $95,562 over five years. Five-year ROI reaches 148.96% and total cumulative return in cash sums $170,803. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,722/mo property income instead of your personal income.
Condo
Built in 1953
N/A lot
$N/A/sqft
$646 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11373, Elmhurst, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 35,494 (100%) |
| Owner Occupied HU | 8,533 (24.0%) |
| Renter Occupied HU | 24,857 (70.0%) |
| Vacant Housing Units | 2,104 ( 5.9%) |
| Median Home Value | $862,050 |
| Average Home Value | $890,952 |
Housing Distribution
Address Breakdown
Residential
25,941
Single Family
6,615
Multi-Family
19,326
Businesses
1,674
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