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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Jamaica at 16420 Highland Avenue #2V, Jamaica, NY, 11432 generates $946/mo in rent and, after a $582/mo payment, leaves $152/mo in cash flow. Total monthly income is $946/mo, and annual cash flow is $1,821/yr on $39,449 invested. Return on cash invested sits at 24.53% in year one, and rental yield is 9.54% on a $119,000 entry. Equity gained on principal adds $768/yr, while 5% annual appreciation builds toward $32,878 over five years. Five-year ROI reaches 128.26% and total cumulative return in cash sums $50,597. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $946/mo property income rather than buyer’s personal income.
Condo
Built in 1958
1.29 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 11432, Jamaica, NY area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,629 (100%) |
| Owner Occupied HU | 7,000 (29.6%) |
| Renter Occupied HU | 14,589 (61.7%) |
| Vacant Housing Units | 2,040 ( 8.6%) |
| Median Home Value | $849,661 |
| Average Home Value | $913,764 |
Residential
18,979
Single Family
6,800
Multi-Family
12,179
Businesses
1,654
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Azahar M. Haque • United Prestige
Mls Name: OneKey MLS
Mls ID: #940896
