15923 79th StJamaicaNY11414
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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 15923 79th St, Jamaica, NY, 11414 generates $4,529/mo in rent, after a $5,815/mo payment. Total monthly income is $4,529/mo. Return on cash invested sits at 9.76% in year one, and rental yield is 4.57% on a $1,188,000 entry. Equity gained on principal adds $7,666/yr, while 5% annual appreciation builds toward $328,223 over five years. Five-year ROI reaches 48.96% and total cumulative return in cash sums $188,448. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,529/mo property income rather than buyer’s personal income.
Single Family
Built in 1970
N/A lot
$N/A/sqft
No 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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