142-29 231st StJamaicaNY11413
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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
Investment property for sale in Jamaica at 142-29 231st St, Jamaica, NY, 11413 earns from $4,501/mo rent with a $3,353/mo payment. Total monthly income totals $4,501/mo. ROI tracks 19.67% on current figures, and rental yield reads 7.88% at a $685,000 purchase. Equity gained on principal adds $4,420/yr, and 5% annual appreciation supports $189,253 over five years. Five-year ROI reaches 102.17% and total cumulative return in cash sums $230,266. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,501/mo property income instead of your personal income.
Single Family
Built in 1940
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11413, Springfield Gardens, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,696 (100%) |
| Owner Occupied HU | 8,693 (63.5%) |
| Renter Occupied HU | 4,343 (31.7%) |
| Vacant Housing Units | 660 ( 4.8%) |
| Median Home Value | $658,579 |
| Average Home Value | $700,669 |
Housing Distribution
Address Breakdown
Residential
10,635
Single Family
10,491
Multi-Family
144
Businesses
695
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