8415 Jamaica Ave, Jamaica, NY, 11421 | 6.5% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Jamaica at 8415 Jamaica Ave, Jamaica, NY, 11421 offers a 6.5% rental yield on a $749,000 purchase with $4,058/mo rent. 46% in year one. Equity gained on principal adds $4,833/yr while 5% annual appreciation supports $206,935 over five years. Portfolio math shows five-year ROI at 79.63% and total cumulative return in cash at $196,228. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,058/mo property income against a $3,666/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

More details about the property

Welcome to this unoccupied building, which features a 3-bedroom apartment above a store. It is ready for a new owner to start collecting rent or to use as their own. The projected rent for the store ranges from $4,000 to $5,000. The store is ready for use and is located on a high-traffic street with public transportation close by. This is a great opportunity for you to live above your store or to take advantage of this excellent investment opportunity.

Neighborhood Data

Neighborhood data shown for ZIP Code: 11421, Woodhaven, NY area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	13,210 (100%)
Owner Occupied HU	5,817 (44.0%)
Renter Occupied HU	6,673 (50.5%)
Vacant Housing Units	720 ( 5.5%)
Median Home Value	$763,964
Average Home Value	$773,555