80-60 162nd St #1JamaicaNY11432
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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 80-60 162nd St #1, Jamaica, NY, 11432 offers a 9.84% rental yield on a $888,000 purchase with $7,280/mo rent. Total monthly income registers $7,280/mo, and a $4,346/mo payment leaves $1,350/mo available for distribution. Annual cash flow reaches $16,205/yr on $292,152 to close, and return on cash invested stands at 25.61% in year one. Equity gained on principal adds $5,730/yr while 5% annual appreciation supports $245,338 over five years. Portfolio math shows five-year ROI at 134.01% and total cumulative return in cash at $391,524. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $7,280/mo property income against a $4,346/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1920
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11432, Jamaica, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,629 (100%) |
| Owner Occupied HU | 7,000 (29.6%) |
| Renter Occupied HU | 14,589 (61.7%) |
| Vacant Housing Units | 2,040 ( 8.6%) |
| Median Home Value | $849,661 |
| Average Home Value | $913,764 |
Housing Distribution
Address Breakdown
Residential
18,979
Single Family
6,800
Multi-Family
12,179
Businesses
1,654
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