14414 182nd PlJamaicaNY11413
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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 14414 182nd Pl, Jamaica, NY, 11413 generates $5,054/mo in rent, after a $5,348/mo payment. Total monthly income is $5,054/mo. Return on cash invested sits at 12.77% in year one, and rental yield is 5.55% on a $1,092,600 entry. Equity gained on principal adds $7,050/yr, while 5% annual appreciation builds toward $301,865 over five years. Five-year ROI reaches 65.11% and total cumulative return in cash sums $230,496. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,054/mo property income rather than buyer’s personal income.
Multi Family
Built in 2004
3,500 sqft 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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