182-25 Wexford Ter #316QueensNY11432
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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
Total monthly income runs $2,743/mo, and a $1,463/mo payment. Purchase price stands at $299,000, and rental yield measures 11.01% with $2,743/mo rent. Return on cash invested shows 14.94% in year one, and 5% annual appreciation builds toward $82,608 over five years. Five-year ROI reaches 81.92% and total cumulative return in cash records $81,202. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,743/mo property income covering a $1,463/mo payment rather than investor’s personal income.
Condo
Built in 1951
N/A lot
$N/A/sqft
$1,157 monthly 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
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