9908 35th AvenueFlushingNY11368
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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 9908 35th Avenue, Flushing, NY, 11368 offers a 3.64% rental yield on a $999,999 purchase with $3,030/mo rent. 76% in year one. Equity gained on principal adds $6,453/yr while 5% annual appreciation supports $276,281 over five years. Portfolio math shows five-year ROI at 32.92% and total cumulative return in cash at $108,315. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,030/mo property income against a $4,895/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1910
2,517 sqft lot
$N/A/sqft
No HOA
More details about the property
Neighborhood Data
Neighborhood data shown for ZIP Code: 11368, Corona, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 33,238 (100%) |
| Owner Occupied HU | 5,682 (17.1%) |
| Renter Occupied HU | 25,957 (78.1%) |
| Vacant Housing Units | 1,599 ( 4.8%) |
| Median Home Value | $918,489 |
| Average Home Value | $938,312 |
Housing Distribution
Address Breakdown
Residential
22,005
Single Family
6,554
Multi-Family
15,451
Businesses
2,065
Price History
Date | Event | Price |
|---|---|---|
| 2025-03-17 | Listed for sale | $999,999 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-03-19 | N/A | N/A | $77,640 | 20.04% |
| 2022-03-19 | N/A | N/A | $64,680 | 9.00% |
| 2021-03-19 | N/A | N/A | $59,340 | -2.94% |
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Facts & Features
General Information
- Type: MultiFamily
- Year Built: 1910
- Architectural Style: N/A
- Building Area: 2,140
- Living Area: 2,140 sqft
- Property Condition: N/A
Features & Amenities
- Heating: Oil
- Cooling: None
- Flooring: N/A
- Interior Features: First Floor Bedroom, First Floor Full Bath, Eat-in Kitchen, Formal Dining
- Exterior Features: N/A
- Parking Features: N/A
HOA & Fees
- HOA Fee: N/A
- Association Fee: N/A
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: None
- Sewer: Public Sewer
- Water Source: Public
- Road Surface Type: N/A
School Information
- Elementary School: Ps 7 Louis F Simeone
- Middle School: Is 5 Walter Crowley Intermediate
- High School: Academy-Finance & Enterprise
What's Special
None
Listed by: Etan Hakimi • Mitra Hakimi Realty Group LLC
Mls Name: OneKey MLS
Mls Provider:
Mls ID: #836685
Disclaimer: The data relating to real estate for sale or lease on this web site comes in part from OneKey MLS. Real estate listings held by brokerage firms other than Zillow, Inc are marked with the OneKey MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2025 OneKey MLS. All rights reserved.