24312 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
Investment property for sale in Jamaica at 24312 Newhall Ave, Jamaica, NY, 11422 listed at $638,000 pairs $6,823/mo rent with a $3,123/mo payment to leave $2,562/mo cash flow. Total monthly income runs $6,823/mo, and annual cash flow reaches $30,747/yr on $209,902 cash to close. Return on cash invested measures 34.71% in year one, and rental yield registers 12.83% at a $638,000 basis. Equity gained on principal adds $4,117/yr, and annual property appreciation at 5% supports $176,268 by year five. Five-year ROI tracks 182.83% and total cumulative return in cash totals $383,774. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $6,823/mo property income relative to a $3,123/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1920
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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