16810 144th AveJamaicaNY11434
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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 16810 144th Ave, Jamaica, NY, 11434 generates $6,125/mo in rent and, after a $3,279/mo payment, leaves $1,651/mo in cash flow. Total monthly income is $6,125/mo, and annual cash flow is $19,814/yr on $220,430 invested. Return on cash invested sits at 29.05% in year one, and rental yield is 10.97% on a $670,000 entry. Equity gained on principal adds $4,323/yr, while 5% annual appreciation builds toward $185,109 over five years. Five-year ROI reaches 152.48% and total cumulative return in cash sums $336,113. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $6,125/mo property income rather than buyer’s personal income.
Single Family
Built in 1925
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11434, Jamaica, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,138 (100%) |
| Owner Occupied HU | 10,413 (45.0%) |
| Renter Occupied HU | 11,755 (50.8%) |
| Vacant Housing Units | 970 ( 4.2%) |
| Median Home Value | $619,793 |
| Average Home Value | $648,820 |
Housing Distribution
Address Breakdown
Residential
19,500
Single Family
11,469
Multi-Family
8,031
Businesses
1,508
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