10723 Fern PlJamaicaNY11433
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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 Jamaica at 10723 Fern Pl, Jamaica, NY, 11433 listed at $729,300 pairs $5,258/mo rent with a $3,570/mo payment to leave $387/mo cash flow. Total monthly income runs $5,258/mo, and annual cash flow reaches $4,649/yr on $239,940 cash to close. Return on cash invested measures 22% in year one, and rental yield registers 8.65% at a $729,300 basis. Equity gained on principal adds $4,706/yr, and annual property appreciation at 5% supports $201,492 by year five. Five-year ROI tracks 114.67% and total cumulative return in cash totals $275,135. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,258/mo property income relative to a $3,570/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1925
2,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11433, Jamaica, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,376 (100%) |
| Owner Occupied HU | 5,188 (38.8%) |
| Renter Occupied HU | 7,436 (55.6%) |
| Vacant Housing Units | 752 ( 5.6%) |
| Median Home Value | $653,097 |
| Average Home Value | $721,374 |
Housing Distribution
Address Breakdown
Residential
9,511
Single Family
6,777
Multi-Family
2,734
Businesses
592
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