8922 Moline StJamaicaNY11428
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
Investment Highlights
Rental property for sale in Jamaica at 8922 Moline St, Jamaica, NY, 11428 priced at $608,800 pairs $2,226/mo rent with after a $2,980/mo payment. Total monthly income equals $2,226/mo. Return on cash invested is 9.04% in year one, and rental yield stands at 4.39% on a $608,800 basis. Equity gained on principal adds $3,928/yr, and 5% annual appreciation accumulates to $168,200 by year five. Five-year ROI measures 45.17% and total cumulative return in cash reaches $90,483. For financing, Ziffy Mortgage’s DSCR program evaluates $2,226/mo property income against a $2,980/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1950
1,600 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11428, Queens Village, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,758 (100%) |
| Owner Occupied HU | 3,642 (63.3%) |
| Renter Occupied HU | 1,829 (31.8%) |
| Vacant Housing Units | 287 ( 5.0%) |
| Median Home Value | $670,860 |
| Average Home Value | $711,679 |
Housing Distribution
Address Breakdown
Residential
4,929
Single Family
4,369
Multi-Family
560
Businesses
512
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Christina T. Liang • Ashford Homes LLC
Mls Name: BNYMLS
Mls Provider:
Mls ID: #492673
Disclaimer: The property information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the participating Brokers.