








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in Flushing at 9430 58th Ave APT 2B, Flushing, NY, 11373 generates $3,758/mo in rent and, after a $1,958/mo payment, leaves $439/mo in cash flow. Total monthly income is $3,758/mo, and annual cash flow is $5,264/yr on $132,600 invested. Return on cash invested sits at 23.88% in year one, and rental yield is 11.27% on a $399,999 entry. Equity gained on principal adds $2,581/yr, while 5% annual appreciation builds toward $110,512 over five years. Five-year ROI reaches 126.91% and total cumulative return in cash sums $168,279. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,758/mo property income rather than buyer’s personal income.
Condo
Built in 1961
N/A lot
$N/A/sqft
$648 monthly HOA
Neighborhood data shown for ZIP Code: 11373, Elmhurst, NY area.
| 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 |
Residential
25,941
Single Family
6,615
Multi-Family
19,326
Businesses
1,674
Date | Event | Price |
|---|---|---|
| 2024-07-12 | Price change | $399,999 |
| 2024-04-09 | Listed for sale | $415,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2020-08-14 | N/A | N/A | N/A | N/A |
| 2019-08-14 | N/A | N/A | N/A | N/A |
| 2018-08-14 | $258928.77 | N/A | $2,053,035 | 8.02% |



Listed by: Etan Hakimi - Licensed Associate Real Estate Broker • Mitra Hakimi Realty Group, LLC
Mls Name: StreetEasy
Mls ID: #1709581