11242 169th StJamaicaNY11433
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayAt a 5.27% gross rental yield, 11242 169th St, Jamaica, NY, 11433 in Jamaica is priced for capital growth, not immediate cash flow. The $1,000,200 purchase reflects market confidence in future value: at 5%/yr, the property is forecast to gain $276,337 by year five, with $9,212/yr in additional equity from loan paydown. Ziffy Mortgage's DSCR mortgage (0.98) qualifies for non-U.S. residents without personal income documents. Total five-year projected cumulative return: $234,468.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5.3% | 4.2% |
| Monthly Cash Flow | $(2,284) | $2,800 |
City averages based on Jamaica market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,396 |
| Total Monthly Debt Service | $6,281 |
| DSCR Ratio | 0.70x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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.
Multi Family
Built in 2006
3,598 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
Multi Family
Built in 2006
3,598 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