8035 Springfield Blvd APT 2MJamaicaNY11427
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowFinancing efficiency matters for international buyers, and 8035 Springfield Blvd APT 2M, Jamaica, NY, 11427 in Jamaica offers it: the 2.10 DSCR gives Ziffy Mortgage's underwriting team an unusually clean file, no U.S. credit, no personal income required. Rental yield 11.35%. Long-term, 5% appreciation is forecast to add $121,547, and $4,052/yr in principal paydown compounds equity steadily. Projected five-year cumulative return: $246,440.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.4% | 4.2% |
| Monthly Cash Flow | $(452) | $2,800 |
City averages based on Jamaica market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,160 |
| Total Monthly Debt Service | $2,763 |
| DSCR Ratio | 1.51x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1955
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11427, Queens Village, NY area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
7,331
Single Family
5,491
Multi-Family
1,840
Businesses
183
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Condo
Built in 1955
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11427, Queens Village, NY area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
7,331
Single Family
5,491
Multi-Family
1,840
Businesses
183
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices