148-05 115th Ave #1JamaicaNY11436
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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 148-05 115th Ave #1, Jamaica, NY, 11436 uses $152,159 cash to close to unlock $17,597/yr annual cash flow and $1,466/mo monthly cash flow. Total monthly income runs $4,532/mo, and a $2,247/mo payment keeps the spread at $1,466/mo. Purchase price stands at $459,000, and rental yield measures 11.85% with $4,532/mo rent. Return on cash invested shows 31.47% in year one, and 5% annual appreciation builds toward $126,813 over five years. Five-year ROI reaches 165.52% and total cumulative return in cash records $251,855. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,532/mo property income covering a $2,247/mo payment rather than investor’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
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