9611 65th Rd APT 402FlushingNY11374
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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
Rental property for sale in Flushing at 9611 65th Rd APT 402, Flushing, NY, 11374 generates $1,651/mo in rent and, after a $1,138/mo payment, leaves $98/mo in cash flow. Total monthly income is $1,651/mo, and annual cash flow is $1,181/yr on $77,074 invested. Return on cash invested sits at 21.44% in year one, and rental yield is 8.52% on a $232,500 entry. Equity gained on principal adds $1,500/yr, while 5% annual appreciation builds toward $64,235 over five years. Five-year ROI reaches 111.74% and total cumulative return in cash sums $86,124. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,651/mo property income rather than buyer’s personal income.
Condo
Built in 1939
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11374, Rego Park, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,654 (100%) |
| Owner Occupied HU | 8,261 (38.1%) |
| Renter Occupied HU | 11,774 (54.4%) |
| Vacant Housing Units | 1,619 ( 7.5%) |
| Median Home Value | $654,765 |
| Average Home Value | $704,293 |
Housing Distribution
Address Breakdown
Residential
20,478
Single Family
3,205
Multi-Family
17,273
Businesses
939
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