151-15 84th Street #6MJamaicaNY11414
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
Investment property for sale in Jamaica at 151-15 84th Street #6M, Jamaica, NY, 11414 earns $757/mo cash flow from $4,080/mo rent with a $2,006/mo payment. Total monthly income totals $4,080/mo, and annual cash flow totals $9,084/yr on $135,878 capital. ROI tracks 26.59% on current figures, and rental yield reads 11.94% at a $409,888 purchase. Equity gained on principal adds $2,645/yr, and 5% annual appreciation supports $113,245 over five years. Five-year ROI reaches 141.25% and total cumulative return in cash sums $191,928. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,080/mo property income instead of your personal income.
Condo
Built in 1966
2.44 Acres lot
$N/A/sqft
$586 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11414, Howard Beach, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,349 (100%) |
| Owner Occupied HU | 7,623 (67.2%) |
| Renter Occupied HU | 3,107 (27.4%) |
| Vacant Housing Units | 619 ( 5.5%) |
| Median Home Value | $724,113 |
| Average Home Value | $718,758 |
Housing Distribution
Address Breakdown
Residential
9,976
Single Family
6,401
Multi-Family
3,575
Businesses
466
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Listed by: Daylan Bisram • East Point Realty LLC
Mls Name: OneKey MLS
Mls Provider:
Mls ID: #823590
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