108-27 Fern PlaceJamaicaNY11433
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid fundamentals define the investment case at 108-27 Fern Place, Jamaica, NY, 11433 in Jamaica: $4,104/mo in rent, $632/mo in net income, 9.47% gross yield, 1.76 DSCR, all at $520,000. Ziffy Mortgage's DSCR mortgage qualifies using the property's income alone, clearing approval without U.S. residency or credit. Five-year equity from $143,666 in appreciation and $4,789/yr in principal paydown projects total cumulative return of $238,938.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.5% | 4.2% |
| Monthly Cash Flow | $632 | $2,800 |
City averages based on Jamaica market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,104 |
| Total Monthly Debt Service | $3,266 |
| DSCR Ratio | 1.26x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1950
2,000 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
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
Single Family
Built in 1950
2,000 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices