Under $500K Investment Properties for Sale in Jamaica, NY
643- 2 Bed
- 1 Bath
- 703 sft
475- 3 Bed
- 1 Bath
- - sft
536- 3 Bed
- 1 Bath
- 1000 sft
589- 1 Bed
- 1 Bath
- 748 sft
Why Invest in Jamaica, New York?
Jamaica, Queens offers compelling opportunities for budget-conscious real estate investors seeking properties under $500K. The neighborhood combines affordability with proximity to major transit corridors and established residential infrastructure. With multiple single-family homes, colonial-style properties, and renovation-ready units available, investors can capitalize on value-add strategies and rental income potential. The area's diverse housing stock and accessible price points make it attractive for both fix-and-flip projects and long-term rental portfolios.
Frequently Asked Questions
Jamaica offers diverse options including single-family colonial homes, renovated townhouses, multi-unit properties, and co-ops. Many properties are priced between $300K–$500K, with some requiring renovation (203k loan eligible) and others fully renovated and move-in ready.
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