84-01 Main St #428JamaicaNY11435
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeA DSCR of 1.78 makes 84-01 Main St #428, Jamaica, NY, 11435 in Jamaica one of the easier properties to finance via Ziffy Mortgage's rental-income underwriting. Rental yield 9.61%. The 9.61% yield, 5% annual appreciation ($49,178 over five years), and $1,639/yr in principal reduction project a total cumulative return of $44,483.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.6% | 4.2% |
| Monthly Cash Flow | $(408) | $2,800 |
City averages based on Jamaica market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,425 |
| Total Monthly Debt Service | $1,762 |
| DSCR Ratio | 0.81x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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 1956
N/A lot
$N/A/sqft
$644 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11435, Jamaica, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,638 (100%) |
| Owner Occupied HU | 6,697 (31.0%) |
| Renter Occupied HU | 13,332 (61.6%) |
| Vacant Housing Units | 1,609 ( 7.4%) |
| Median Home Value | $634,231 |
| Average Home Value | $680,680 |
Housing Distribution
Address Breakdown
Residential
17,432
Single Family
6,269
Multi-Family
11,163
Businesses
1,155
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 1956
N/A lot
$N/A/sqft
$644 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11435, Jamaica, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,638 (100%) |
| Owner Occupied HU | 6,697 (31.0%) |
| Renter Occupied HU | 13,332 (61.6%) |
| Vacant Housing Units | 1,609 ( 7.4%) |
| Median Home Value | $634,231 |
| Average Home Value | $680,680 |
Housing Distribution
Address Breakdown
Residential
17,432
Single Family
6,269
Multi-Family
11,163
Businesses
1,155
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices