




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 232-10 Hillside Avenue, Jamaica, NY, 11427 listed at $949,000 pairs $4,021/mo rent with a $4,645/mo payment. Total monthly income runs $4,021/mo. Return on cash invested measures 11.16% in year one, and rental yield registers 5.08% at a $949,000 basis. Equity gained on principal adds $6,124/yr, and annual property appreciation at 5% supports $262,191 by year five. Five-year ROI tracks 56.52% and total cumulative return in cash totals $176,472. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,021/mo property income relative to a $4,645/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 1945
1,980 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 11427, Queens Village, NY area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,287 (100%) |
| Owner Occupied HU | 4,710 (56.8%) |
| Renter Occupied HU | 3,253 (39.3%) |
| Vacant Housing Units | 324 ( 3.9%) |
| Median Home Value | $758,229 |
| Average Home Value | $780,329 |
Residential
7,331
Single Family
5,491
Multi-Family
1,840
Businesses
183
Date | Event | Price |
|---|---|---|
| 2024-09-18 | Listed for sale | $949,000 |
| 2019-02-23 | Listing removed | $829,000 |
| 2018-12-12 | Listed for sale | $829,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-11-14 | N/A | N/A | $51,120 | 20.00% |
| 2022-11-14 | N/A | N/A | $42,600 | 5.34% |
| 2021-11-14 | N/A | N/A | $40,440 | -7.29% |



Listed by: Joseph V Thomas • Glen Oaks Realty
Mls Name: OneKey MLS
Mls Provider:
Mls ID: #3579480
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.