17205 89th AvenueJamaicaNY11432
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingReliable and efficiently structured, 17205 89th Avenue, Jamaica, NY, 11432 in Jamaica is a conservative rental investment at $700,000. Rental yield 6.15%. A 1.14 coverage ratio meets Ziffy Mortgage's DSCR standard for foreign-national financing. Five-year equity: 5% appreciation adds $193,397; $6,447/yr in principal paydown supplements. Total projected return: $196,994.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.2% | 4.2% |
| Monthly Cash Flow | $(1,086) | $2,800 |
City averages based on Jamaica market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,588 |
| Total Monthly Debt Service | $4,396 |
| DSCR Ratio | 0.82x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1915
2,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11432, Jamaica, NY area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
18,979
Single Family
6,800
Multi-Family
12,179
Businesses
1,654
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
Single Family
Built in 1915
2,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11432, Jamaica, NY area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
18,979
Single Family
6,800
Multi-Family
12,179
Businesses
1,654
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices