137-40 96th PlaceJamaicaNY11417
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 137-40 96th Place, Jamaica, NY, 11417 in Jamaica speaks for itself: 12% gross on a $799,000 price, generating $7,991/mo in rent and $2,655/mo in net income after the $3,593/mo debt service. DSCR 2.22, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $31,863 stacks alongside $220,749 in projected five-year appreciation and $7,359/yr in principal reduction. Projected total cumulative return: $475,575.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 12% | 4.2% |
| Monthly Cash Flow | $2,655 | $2,800 |
City averages based on Jamaica market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $7,991 |
| Total Monthly Debt Service | $5,018 |
| DSCR Ratio | 1.59x |
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 1925
2,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11417, Ozone Park, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,068 (100%) |
| Owner Occupied HU | 4,716 (46.8%) |
| Renter Occupied HU | 4,818 (47.9%) |
| Vacant Housing Units | 534 ( 5.3%) |
| Median Home Value | $732,315 |
| Average Home Value | $799,661 |
Housing Distribution
Address Breakdown
Residential
6,950
Single Family
6,094
Multi-Family
856
Businesses
629
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 1925
2,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11417, Ozone Park, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,068 (100%) |
| Owner Occupied HU | 4,716 (46.8%) |
| Renter Occupied HU | 4,818 (47.9%) |
| Vacant Housing Units | 534 ( 5.3%) |
| Median Home Value | $732,315 |
| Average Home Value | $799,661 |
Housing Distribution
Address Breakdown
Residential
6,950
Single Family
6,094
Multi-Family
856
Businesses
629
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices