87-15 165th St APT 7PJamaicaNY11432
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 87-15 165th St APT 7P, Jamaica, NY, 11432 in Jamaica hard to pass up. The 27.58% gross yield on a $122,500 purchase results in $2,815/mo in rent and $1,997/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (5.11). Annual cash flow of $23,966, five-year appreciation of $33,844, and $1,128/yr in equity build-up combine for a projected total cumulative return of $175,226.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 27.6% | 4.2% |
| Monthly Cash Flow | $1,997 | $2,800 |
City averages based on Jamaica market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,815 |
| Total Monthly Debt Service | $769 |
| DSCR Ratio | 3.66x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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 1958
N/A lot
$N/A/sqft
No 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
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 1958
N/A lot
$N/A/sqft
No 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices