14004 123rd AveJamaicaNY11436
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
Investment Highlights
Rental property for sale in Jamaica at 14004 123rd Ave, Jamaica, NY, 11436 generates $2,540/mo in rent, after a $2,104/mo payment. Total monthly income is $2,540/mo. Return on cash invested sits at 17.12% in year one, and rental yield is 7.09% on a $429,900 entry. Equity gained on principal adds $2,774/yr, while 5% annual appreciation builds toward $118,773 over five years. Five-year ROI reaches 88.57% and total cumulative return in cash sums $126,223. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,540/mo property income rather than buyer’s personal income.
Single Family
Built in 1915
N/A 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