109-11 115th StreetJamaicaNY11420
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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 109-11 115th Street, Jamaica, NY, 11420 uses $228,655 cash to close to unlock $51,415/yr annual cash flow and $4,285/mo monthly cash flow. Total monthly income runs $8,926/mo, and a $3,402/mo payment keeps the spread at $4,285/mo. Purchase price stands at $695,000, and rental yield measures 15.41% with $8,926/mo rent. Return on cash invested shows 42.55% in year one, and 5% annual appreciation builds toward $192,016 over five years. Five-year ROI reaches 224.85% and total cumulative return in cash records $514,122. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $8,926/mo property income covering a $3,402/mo payment rather than investor’s personal income.
Single Family
Built in 1920
3,887 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11420, South Ozone Park, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,510 (100%) |
| Owner Occupied HU | 8,160 (56.2%) |
| Renter Occupied HU | 5,618 (38.7%) |
| Vacant Housing Units | 732 ( 5.0%) |
| Median Home Value | $716,826 |
| Average Home Value | $763,851 |
Housing Distribution
Address Breakdown
Residential
10,093
Single Family
9,776
Multi-Family
317
Businesses
598
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Listed by: Virginia Pulisic • Keller Williams Rlty Landmark
Mls Name: OneKey MLS
Mls Provider:
Mls ID: #3552509
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