8417 Chapin Pkwy, Jamaica, NY, 11432 | $114/mo Cash Flow

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8417 Chapin Pkwy, Jamaica, NY, 11432 | $114/mo Cash Flow | Ziffy

For Sale

Rental Income

Listed for sale today

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 8417 Chapin Pkwy, Jamaica, NY, 11432 uses $329,000 cash to close to unlock $1,364/yr annual cash flow and $114/mo monthly cash flow. Total monthly income runs $6,791/mo, and a $4,895/mo payment keeps the spread at $114/mo. Purchase price stands at $999,999, and rental yield measures 8.15% with $6,791/mo rent. Return on cash invested shows 20.47% in year one, and 5% annual appreciation builds toward $276,281 over five years. Five-year ROI reaches 106.49% and total cumulative return in cash records $350,343. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $6,791/mo property income covering a $4,895/mo payment rather than investor’s personal income.

Single Family

Built in 1920

N/A lot

$N/A/sqft

No HOA

More details about the property

8417 Chapin Parkway Spacious & Versatile Living in Prime Location Welcome to 8417 Chapin Parkway, a beautifully maintained residence offering abundant space, flexibility, and comfort. This expansive home boasts 5 generously sized bedrooms, 3 full bathrooms, and an additional 2 bedrooms in the finished basement, making it ideal for large families, guests, or even potential rental income. Step inside and discover a thoughtfully designed layout with sun-filled living areas, a large kitchen perfect for entertaining, and ample closet space throughout. Each bedroom provides comfort and privacy, while the full bathrooms are well-appointed with modern finishes. The fully finished basement adds significant value, featuring 2 bedrooms, a full bathroom, and a separate entrance perfect for a guest suite, extended family, or home office. Located on one of the most desirable blocks, Chapin Parkway offers peaceful residential living with close proximity to shopping, dining, parks, schools, and public transportation.

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