22903 113th AveJamaicaNY11429
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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 22903 113th Ave, Jamaica, NY, 11429 uses $299,390 cash to close to unlock $20,246/yr annual cash flow and $1,687/mo monthly cash flow. Total monthly income runs $7,764/mo, and a $4,454/mo payment keeps the spread at $1,687/mo. Purchase price stands at $910,000, and rental yield measures 10.24% with $7,764/mo rent. Return on cash invested shows 26.82% in year one, and 5% annual appreciation builds toward $251,416 over five years. Five-year ROI reaches 140.54% and total cumulative return in cash records $420,751. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $7,764/mo property income covering a $4,454/mo payment rather than investor’s personal income.
Single Family
Built in 2001
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11429, Queens Village, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,932 (100%) |
| Owner Occupied HU | 4,924 (62.1%) |
| Renter Occupied HU | 2,590 (32.7%) |
| Vacant Housing Units | 418 ( 5.3%) |
| Median Home Value | $643,158 |
| Average Home Value | $669,812 |
Housing Distribution
Address Breakdown
Residential
6,080
Single Family
5,845
Multi-Family
235
Businesses
314
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