8229 167th StQueensNY11432
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
Investment Highlights
Investment property for sale in Queens at 8229 167th St, Queens, NY, 11432 earns from $5,714/mo rent with a $6,638/mo payment. Total monthly income totals $5,714/mo. ROI tracks 11.24% on current figures, and rental yield reads 5.06% at a $1,356,300 purchase. Equity gained on principal adds $8,752/yr, and 5% annual appreciation supports $374,721 over five years. Five-year ROI reaches 56.93% and total cumulative return in cash sums $250,155. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,714/mo property income instead of your personal income.
Single Family
Built in 1950
2,400 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices