20528 116th RdJamaicaNY11412
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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
Rental property for sale in Jamaica at 20528 116th Rd, Jamaica, NY, 11412 generates $4,344/mo in rent and, after a $1,747/mo payment, leaves $1,960/mo in cash flow. Total monthly income is $4,344/mo, and annual cash flow is $23,524/yr on $118,346 invested. Return on cash invested sits at 39.79% in year one, and rental yield is 14.6% on a $357,000 entry. Equity gained on principal adds $2,304/yr, while 5% annual appreciation builds toward $98,633 over five years. Five-year ROI reaches 210.09% and total cumulative return in cash sums $248,632. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,344/mo property income rather than buyer’s personal income.
Single Family
Built in 1925
2,178 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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