119-18 147th StreetJamaicaNY11436
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowIf cash-on-cash performance is your primary filter, 119-18 147th Street, Jamaica, NY, 11436 in Jamaica deserves attention. This $599,000 property earns $6,996/mo in rent, a 14.02% gross yield, and nets $2,996/mo after the $2,693/mo payment. DSCR 2.60 makes it one of the cleaner DSCR underwriting candidates Ziffy Mortgage sees in this market. Five-year appreciation of $165,493 compounds alongside $5,517/yr in yearly equity build, for a total cumulative return of $421,228.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 14% | 4.2% |
| Monthly Cash Flow | $2,996 | $2,800 |
City averages based on Jamaica market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $6,996 |
| Total Monthly Debt Service | $3,762 |
| DSCR Ratio | 1.86x |
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 1920
2,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11436, Jamaica, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,560 (100%) |
| Owner Occupied HU | 3,820 (58.2%) |
| Renter Occupied HU | 2,369 (36.1%) |
| Vacant Housing Units | 371 ( 5.7%) |
| Median Home Value | $641,821 |
| Average Home Value | $683,128 |
Housing Distribution
Address Breakdown
Residential
4,893
Single Family
4,781
Multi-Family
112
Businesses
145
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 1920
2,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11436, Jamaica, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,560 (100%) |
| Owner Occupied HU | 3,820 (58.2%) |
| Renter Occupied HU | 2,369 (36.1%) |
| Vacant Housing Units | 371 ( 5.7%) |
| Median Home Value | $641,821 |
| Average Home Value | $683,128 |
Housing Distribution
Address Breakdown
Residential
4,893
Single Family
4,781
Multi-Family
112
Businesses
145
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices