8108 164th PlaceJamaicaNY11432
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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
Rental property for sale in Jamaica at 8108 164th Place, Jamaica, NY, 11432 generates $7,280/mo in rent and, after a $4,644/mo payment, leaves $944/mo in cash flow. Total monthly income is $7,280/mo, and annual cash flow is $11,326/yr on $312,184 invested. Return on cash invested sits at 23.69% in year one, and rental yield is 9.21% on a $948,888 entry. Equity gained on principal adds $6,123/yr, while 5% annual appreciation builds toward $262,160 over five years. Five-year ROI reaches 123.72% and total cumulative return in cash sums $386,220. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $7,280/mo property income rather than buyer’s personal income.
Single Family
Built in 1920
2,850 sqft 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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