8502 96th StJamaicaNY11421
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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 8502 96th St, Jamaica, NY, 11421 offers a 2.63% rental yield on a $1,389,000 purchase with $3,048/mo rent. 77% in year one. Equity gained on principal adds $8,963/yr while 5% annual appreciation supports $383,755 over five years. Portfolio math shows five-year ROI at 16.83% and total cumulative return in cash at $75,730. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,048/mo property income against a $6,798/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1920
4,499 sqft lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
9,035
Single Family
6,703
Multi-Family
2,332
Businesses
610
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