88-10 35th Ave APT 5C, Queens, NY, 11372 | $1,213/mo Cash Flow

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

88-10 35th Ave APT 5C, Queens, NY, 11372 | $1,213/mo Cash Flow | Ziffy

Sold

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

1 Bed
1 Bath
882 sft

37 Bridge St APT 3G, Brooklyn, NY, 11201

Currently Rented+ 3 more

6 Bed
3 Bath
2176 sft

1202 Carroll St, Brooklyn, NY, 11225

3 Bed
2 Bath
1050 sft

33 Hunter St, Staten Island, NY, 10304

3 Bed
3 Bath
1675 sft

55 Crestwater Ct, Staten Island, NY, 10305

Nearby investment properties with comparable prices

- Bed
1 Bath
- sft

3521 79th St APT 2P, Flushing, NY, 11372

- Bed
1 Bath
- sft

45 Tudor City Pl APT 1517, New York, NY, 10017

2 Bed
1 Bath
900 sft

206 Jewett Ave APT 44, Jersey City, NJ, 07304

3 Bed
2 Bath
- sft

37 Martha Ct, Newark, NJ, 07103

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

Explore more listings using simple english

Investment Highlights

Rental property for sale in Queens at 88-10 35th Ave APT 5C, Queens, NY, 11372 generates $3,746/mo in rent and, after a $1,444/mo payment, leaves $1,213/mo in cash flow. Total monthly income is $3,746/mo, and annual cash flow is $14,555/yr on $97,793 invested. Return on cash invested sits at 34.79% in year one, and rental yield is 15.24% on a $295,000 entry. Equity gained on principal adds $1,904/yr, while 5% annual appreciation builds toward $81,503 over five years. Five-year ROI reaches 185.8% and total cumulative return in cash sums $181,694. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,746/mo property income rather than buyer’s personal income.

Condo

Built in 1953

N/A lot

$N/A/sqft

$563 monthly HOA

More details about the property

Welcome to Queen Mary Anne! QMA occupies an entire block on 35th Avenue in Jackson Heights. Cats and dogs (dogs must be under 25 lbs.) are permitted with board approval. NO flip tax, minimum down payment requirement is 20%. Building amenities include parking garage (waitlist), electric car charging stations, storage space (waitlist), laundry facility, on-site super. This one-bedroom apartment is located on the 5th floor. A bright, spacious living room welcomes you the moment you walk in. Hardwood floors throughout the apartment (except the kitchen and the bathroom). You will enjoy a large kitchen with plenty of storage and counter space. The apt has great closet space and the bedroom is also large, accommodating a queen-size bed, nightstands, a dressing table with space for more. Low monthly maintenance fee. Jackson Heights historic district within reach, newly renovated Travers Park, Northern Playground, enjoy the open street on 34th Avenue, Jackson Heights Greenmarket year -round, many supermarkets and grocery stores around, a sea of culinary options, shops, bars, cafes etc. A short walk to Subway lines 7 and Bus Q49.

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