14549 115th AvenueJamaicaNY11436
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayAt a 2.59% gross rental yield, 14549 115th Avenue, Jamaica, NY, 11436 in Jamaica is priced for capital growth, not immediate cash flow. The $999,999 purchase reflects market confidence in future value: at 5%/yr, the property is forecast to gain $276,281 by year five, with $9,210/yr in additional equity from loan paydown. Ziffy Mortgage's DSCR mortgage (0.48) qualifies for non-U.S. residents without personal income documents. Total five-year projected cumulative return: $90,582.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 2.6% | 4.2% |
| Monthly Cash Flow | $(4,518) | $2,800 |
City averages based on Jamaica market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,160 |
| Total Monthly Debt Service | $6,280 |
| DSCR Ratio | 0.34x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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.
Multi Family
Built in 1925
2,500 sqft 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
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
Multi Family
Built in 1925
2,500 sqft 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