241-08 Newhall AveJamaicaNY11422
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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
Total monthly income runs $2,705/mo, and a $4,400/mo payment. Purchase price stands at $899,000, and rental yield measures 3.61% with $2,705/mo rent. Return on cash invested shows 6.68% in year one, and 5% annual appreciation builds toward $248,377 over five years. Five-year ROI reaches 32.51% and total cumulative return in cash records $96,142. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,705/mo property income covering a $4,400/mo payment rather than investor’s personal income.
Multi Family
Built in 1925
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11422, Rosedale, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,457 (100%) |
| Owner Occupied HU | 6,214 (59.4%) |
| Renter Occupied HU | 3,646 (34.9%) |
| Vacant Housing Units | 597 ( 5.7%) |
| Median Home Value | $642,266 |
| Average Home Value | $666,686 |
Housing Distribution
Address Breakdown
Residential
7,646
Single Family
7,624
Multi-Family
22
Businesses
411
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