8802 102nd AveJamaicaNY11416
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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
Rental property for sale in Jamaica at 8802 102nd Ave, Jamaica, NY, 11416 generates $3,784/mo in rent, after a $6,363/mo payment. Total monthly income is $3,784/mo. Return on cash invested sits at 6.42% in year one, and rental yield is 3.49% on a $1,299,999 entry. Equity gained on principal adds $8,389/yr, while 5% annual appreciation builds toward $359,166 over five years. Five-year ROI reaches 31.05% and total cumulative return in cash sums $130,779. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,784/mo property income rather than buyer’s personal income.
Multi Family
Built in 1920
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11416, Ozone Park, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,539 (100%) |
| Owner Occupied HU | 3,066 (35.9%) |
| Renter Occupied HU | 4,964 (58.1%) |
| Vacant Housing Units | 509 ( 6.0%) |
| Median Home Value | $764,242 |
| Average Home Value | $831,089 |
Housing Distribution
Address Breakdown
Residential
4,750
Single Family
4,017
Multi-Family
733
Businesses
546
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