17824 130th RdJamaicaNY11434
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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 17824 130th Rd, Jamaica, NY, 11434 uses $99,081 cash to close to unlock $552/yr annual cash flow and $46/mo monthly cash flow. Total monthly income runs $2,042/mo, and a $1,463/mo payment keeps the spread at $46/mo. Purchase price stands at $298,888, and rental yield measures 8.2% with $2,042/mo rent. Return on cash invested shows 20.47% in year one, and 5% annual appreciation builds toward $82,577 over five years. Five-year ROI reaches 106.44% and total cumulative return in cash records $105,467. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,042/mo property income covering a $1,463/mo payment rather than investor’s personal income.
Single Family
Built in 2007
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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