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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Jamaica at 188-51 114th Drive, Jamaica, NY, 11412 listed at $799,990 pairs $4,668/mo rent with a $3,916/mo payment. Total monthly income runs $4,668/mo. Return on cash invested measures 16.98% in year one, and rental yield registers 7% at a $799,990 basis. Equity gained on principal adds $5,162/yr, and annual property appreciation at 5% supports $221,022 by year five. Five-year ROI tracks 87.77% and total cumulative return in cash totals $231,016. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,668/mo property income relative to a $3,916/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1935
4,821 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 11412, Saint Albans, NY area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,475 (100%) |
| Owner Occupied HU | 7,923 (63.5%) |
| Renter Occupied HU | 3,954 (31.7%) |
| Vacant Housing Units | 598 ( 4.8%) |
| Median Home Value | $636,295 |
| Average Home Value | $675,147 |
Residential
9,328
Single Family
9,008
Multi-Family
320
Businesses
713
Date | Event | Price |
|---|---|---|
| 2024-11-19 | Listed for sale | $799,990 |
| 1999-04-29 | Sold | $183,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-11-21 | N/A | N/A | $45,000 | 1.76% |
| 2022-11-21 | N/A | N/A | $44,220 | 20.62% |
| 2021-11-21 | N/A | N/A | $36,660 | 4.98% |
What's Special
Finished,Full,Walkup
Listed by: Kenny Kamil Sattaur • RE/MAX Southshore Realty
Mls Name: OneKey MLS
Mls Provider:
Mls ID: #3592078
Disclaimer: The data relating to real estate for sale or lease on this web site comes in part from OneKey MLS. Real estate listings held by brokerage firms other than Zillow, Inc are marked with the OneKey MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2024 OneKey MLS. All rights reserved.
