205-29 114th DriveJamaicaNY11412
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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 205-29 114th Drive, Jamaica, NY, 11412 uses $199,045 cash to close to unlock $6,241/yr annual cash flow and $520/mo monthly cash flow. Total monthly income runs $4,560/mo, and a $2,961/mo payment keeps the spread at $520/mo. Purchase price stands at $605,000, and rental yield measures 9.04% with $4,560/mo rent. Return on cash invested shows 23.2% in year one, and 5% annual appreciation builds toward $167,150 over five years. Five-year ROI reaches 121.11% and total cumulative return in cash records $241,054. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,560/mo property income covering a $2,961/mo payment rather than investor’s personal income.
Single Family
Built in 1950
2,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11412, Saint Albans, NY area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
9,328
Single Family
9,008
Multi-Family
320
Businesses
713
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