118-11 230 StreetJamaicaNY11411
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity Builder118-11 230 Street, Jamaica, NY, 11411 in Jamaica is a stable, well-positioned rental at $799,900. Rental yield 7.06%. DSCR 1.31 qualifies for Ziffy Mortgage's DSCR mortgage without U.S. income documentation. Over five years, 5% appreciation adds $220,998 in value and $7,367/yr in principal paydown builds equity, a total projected return of $264,250.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.1% | 4.2% |
| Monthly Cash Flow | $(634) | $2,800 |
City averages based on Jamaica market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,708 |
| Total Monthly Debt Service | $5,023 |
| DSCR Ratio | 0.94x |
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.
Single Family
Built in 1945
3,800 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11411, Cambria Heights, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,078 (100%) |
| Owner Occupied HU | 4,611 (75.9%) |
| Renter Occupied HU | 1,252 (20.6%) |
| Vacant Housing Units | 215 ( 3.5%) |
| Median Home Value | $621,256 |
| Average Home Value | $647,783 |
Housing Distribution
Address Breakdown
Residential
5,418
Single Family
5,366
Multi-Family
52
Businesses
292
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 1945
3,800 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11411, Cambria Heights, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,078 (100%) |
| Owner Occupied HU | 4,611 (75.9%) |
| Renter Occupied HU | 1,252 (20.6%) |
| Vacant Housing Units | 215 ( 3.5%) |
| Median Home Value | $621,256 |
| Average Home Value | $647,783 |
Housing Distribution
Address Breakdown
Residential
5,418
Single Family
5,366
Multi-Family
52
Businesses
292
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Matthew Langer • Weichert Realtors Langer Homes
Mls Name: OneKey MLS
Mls Provider:
Mls ID: #850280
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