10414 91st AveJamaicaNY11418
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Jamaica at 10414 91st Ave, Jamaica, NY, 11418 uses $229,642 cash to close to unlock $30,747/yr annual cash flow and $2,562/mo monthly cash flow. Total monthly income runs $7,223/mo, and a $3,416/mo payment keeps the spread at $2,562/mo. Purchase price stands at $698,000, and rental yield measures 12.42% with $7,223/mo rent. Return on cash invested shows 33.45% in year one, and 5% annual appreciation builds toward $192,845 over five years. Five-year ROI reaches 176.07% and total cumulative return in cash records $404,340. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $7,223/mo property income covering a $3,416/mo payment rather than investor’s personal income.
Single Family
Built in 1920
2,613 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11418, Richmond Hill, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,667 (100%) |
| Owner Occupied HU | 4,364 (34.5%) |
| Renter Occupied HU | 7,498 (59.2%) |
| Vacant Housing Units | 805 ( 6.4%) |
| Median Home Value | $798,961 |
| Average Home Value | $843,414 |
Housing Distribution
Address Breakdown
Residential
8,703
Single Family
5,040
Multi-Family
3,663
Businesses
977
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jazmin F Molina • EXP Realty
Mls Name: SIBOR
Mls Provider:
Mls ID: #2404879
Disclaimer: Certain real estate listing data is provided by Staten Island MLS under its Internet Data Exchange program. This data is provided exclusively for consumers personal, non-commercial use and may only be used for identifying prospective properties consumers may be interested in purchasing or renting. Any other use of the data is hereby prohibited. Data deemed reliable but is not guaranteed accurate by Staten Island MLS and should be independently verified. Copyright 2024 Staten Island Multiple Listing Service, Inc. All rights reserved.