120-05 167th StJamaicaNY11434
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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
Rental property for sale in Jamaica at 120-05 167th St, Jamaica, NY, 11434 generates $8,882/mo in rent and, after a $4,797/mo payment, leaves $2,337/mo in cash flow. Total monthly income is $8,882/mo, and annual cash flow is $28,048/yr on $322,420 invested. Return on cash invested sits at 28.76% in year one, and rental yield is 10.88% on a $980,000 entry. Equity gained on principal adds $6,324/yr, while 5% annual appreciation builds toward $270,756 over five years. Five-year ROI reaches 150.92% and total cumulative return in cash sums $486,600. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $8,882/mo property income rather than buyer’s personal income.
Multi Family
Built in 1994
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11434, Jamaica, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,138 (100%) |
| Owner Occupied HU | 10,413 (45.0%) |
| Renter Occupied HU | 11,755 (50.8%) |
| Vacant Housing Units | 970 ( 4.2%) |
| Median Home Value | $619,793 |
| Average Home Value | $648,820 |
Housing Distribution
Address Breakdown
Residential
19,500
Single Family
11,469
Multi-Family
8,031
Businesses
1,508
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