87-20 175 Street #1MJamaicaNY11432
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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 87-20 175 Street #1M, Jamaica, NY, 11432 offers a 9.59% rental yield on a $188,000 purchase with $1,502/mo rent. Total monthly income registers $1,502/mo, and a $920/mo payment leaves $247/mo available for distribution. Annual cash flow reaches $2,961/yr on $62,322 to close, and return on cash invested stands at 24.66% in year one. Equity gained on principal adds $1,213/yr while 5% annual appreciation supports $51,941 over five years. Portfolio math shows five-year ROI at 128.98% and total cumulative return in cash at $80,384. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,502/mo property income against a $920/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1961
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
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