80-39 249th StreetJamaicaNY11426
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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 80-39 249th Street, Jamaica, NY, 11426 earns from $4,200/mo rent with a $3,573/mo payment. Total monthly income totals $4,200/mo. ROI tracks 16.69% on current figures, and rental yield reads 6.9% at a $730,000 purchase. Equity gained on principal adds $4,711/yr, and 5% annual appreciation supports $201,686 over five years. Five-year ROI reaches 86.2% and total cumulative return in cash sums $207,026. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,200/mo property income instead of your personal income.
Single Family
Built in 1940
1,634 sqft lot
$N/A/sqft
No HOA
More details about the property
Neighborhood Data
Neighborhood data shown for ZIP Code: 11426, Bellerose, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,974 (100%) |
| Owner Occupied HU | 4,539 (65.1%) |
| Renter Occupied HU | 2,100 (30.1%) |
| Vacant Housing Units | 335 ( 4.8%) |
| Median Home Value | $710,148 |
| Average Home Value | $714,591 |
Housing Distribution
Address Breakdown
Residential
5,517
Single Family
5,235
Multi-Family
282
Businesses
290
Price History
Date | Event | Price |
|---|---|---|
| 2024-10-20 | Listed for sale | $730,000 |
| 2024-09-13 | Listing removed | $2,000 |
| 2024-09-11 | Price change | $2,000 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-02-12 | N/A | N/A | $39,780 | 5.57% |
| 2022-02-12 | N/A | N/A | $37,680 | 3.29% |
| 2021-02-12 | N/A | N/A | $36,480 | 5.74% |
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Facts & Features
General Information
- Type: SingleFamily
- Year Built: 1940
- Architectural Style: Other
- Building Area: N/A
- Living Area: N/A
- Property Condition: N/A
Features & Amenities
- Heating: Electric, Hot Water
- Cooling: N/A
- Flooring: Hardwood
- Interior Features: Ceiling Fan(s), Eat-in Kitchen
- Exterior Features: N/A
- Parking Features: Driveway, Private
HOA & Fees
- HOA Fee: N/A
- Association Fee: N/A
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: N/A
- Sewer: N/A
- Water Source: Public
- Road Surface Type: N/A
School Information
- Elementary School: Ps 186 Castlewood
- Middle School: Jhs 67 Louis Pasteur
- High School: Martin Van Buren High School
What's Special
None
Listed by: Marlon Montemayor • ALLURE Realty
Mls Name: OneKey MLS
Mls Provider:
Mls ID: #L3586250
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 2025 OneKey MLS. All rights reserved.