18802 87th DrJamaicaNY11423
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity Builder18802 87th Dr, Jamaica, NY, 11423 in Jamaica is a stable, well-positioned rental at $782,300. Rental yield 7.99%. DSCR 1.48 qualifies for Ziffy Mortgage's DSCR mortgage without U.S. income documentation. Over five years, 5% appreciation adds $216,135 in value and $7,205/yr in principal paydown builds equity, a total projected return of $297,363.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8% | 4.2% |
| Monthly Cash Flow | $(14) | $2,800 |
City averages based on Jamaica market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $5,210 |
| Total Monthly Debt Service | $4,913 |
| DSCR Ratio | 1.06x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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 1955
3,721 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11423, Hollis, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,462 (100%) |
| Owner Occupied HU | 5,444 (52.0%) |
| Renter Occupied HU | 4,569 (43.7%) |
| Vacant Housing Units | 449 ( 4.3%) |
| Median Home Value | $712,709 |
| Average Home Value | $771,654 |
Housing Distribution
Address Breakdown
Residential
7,900
Single Family
5,545
Multi-Family
2,355
Businesses
519
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 1955
3,721 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11423, Hollis, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,462 (100%) |
| Owner Occupied HU | 5,444 (52.0%) |
| Renter Occupied HU | 4,569 (43.7%) |
| Vacant Housing Units | 449 ( 4.3%) |
| Median Home Value | $712,709 |
| Average Home Value | $771,654 |
Housing Distribution
Address Breakdown
Residential
7,900
Single Family
5,545
Multi-Family
2,355
Businesses
519
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices