168-31 93rd AveJamaicaNY11433
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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 168-31 93rd Ave, Jamaica, NY, 11433 offers a 5.86% rental yield on a $788,888 purchase with $3,851/mo rent. 51% in year one. Equity gained on principal adds $5,091/yr while 5% annual appreciation supports $217,955 over five years. Portfolio math shows five-year ROI at 69.15% and total cumulative return in cash at $179,471. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,851/mo property income against a $3,861/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1920
1,854 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11433, Jamaica, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,376 (100%) |
| Owner Occupied HU | 5,188 (38.8%) |
| Renter Occupied HU | 7,436 (55.6%) |
| Vacant Housing Units | 752 ( 5.6%) |
| Median Home Value | $653,097 |
| Average Home Value | $721,374 |
Housing Distribution
Address Breakdown
Residential
9,511
Single Family
6,777
Multi-Family
2,734
Businesses
592
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