8611 34th Ave APT 5RFlushingNY11372
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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 8611 34th Ave APT 5R, Flushing, NY, 11372 earns $79/mo cash flow from $2,069/mo rent with a $1,459/mo payment. Total monthly income totals $2,069/mo, and annual cash flow totals $943/yr on $98,787 capital. ROI tracks 20.86% on current figures, and rental yield reads 8.33% at a $298,000 purchase. Equity gained on principal adds $1,923/yr, and 5% annual appreciation supports $82,332 over five years. Five-year ROI reaches 108.61% and total cumulative return in cash sums $107,288. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,069/mo property income instead of your personal income.
Condo
Built in 1951
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11372, Jackson Heights, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,163 (100%) |
| Owner Occupied HU | 8,913 (34.1%) |
| Renter Occupied HU | 15,967 (61.0%) |
| Vacant Housing Units | 1,283 ( 4.9%) |
| Median Home Value | $581,835 |
| Average Home Value | $683,675 |
Housing Distribution
Address Breakdown
Residential
23,743
Single Family
2,757
Multi-Family
20,986
Businesses
2,095
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