8449 168th St APT 4UJamaicaNY11432
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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
Investment property for sale in Jamaica at 8449 168th St APT 4U, Jamaica, NY, 11432 uses $72,864 cash to close to unlock $7,464/yr annual cash flow and $622/mo monthly cash flow. Total monthly income runs $3,190/mo, and a $1,076/mo payment keeps the spread at $622/mo. Purchase price stands at $219,800, and rental yield measures 17.42% with $3,190/mo rent. Return on cash invested shows 30.15% in year one, and 5% annual appreciation builds toward $60,727 over five years. Five-year ROI reaches 165.06% and total cumulative return in cash records $120,272. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,190/mo property income covering a $1,076/mo payment rather than investor’s personal income.
Condo
Built in 1939
N/A lot
$N/A/sqft
$1,100 monthly 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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