8974 211th StJamaicaNY11427
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThis Jamaica rental at 8974 211th St, Jamaica, NY, 11427 sits in the solid-income band: 9% gross yield, $6,371/mo rent, $701/mo net after the $3,818/mo debt service, DSCR 1.67. Entry price of $849,000 is well-calibrated for the income it produces. Ziffy Mortgage finances this type of asset on rental income alone, no tax returns, no U.S. credit profile. Projected five-year appreciation of $234,563 and $7,819/yr in principal reduction bring total cumulative return to $368,849.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9% | 4.2% |
| Monthly Cash Flow | $701 | $2,800 |
City averages based on Jamaica market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $6,371 |
| Total Monthly Debt Service | $5,332 |
| DSCR Ratio | 1.19x |
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.
Single Family
Built in 1935
3,200 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11427, Queens Village, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,287 (100%) |
| Owner Occupied HU | 4,710 (56.8%) |
| Renter Occupied HU | 3,253 (39.3%) |
| Vacant Housing Units | 324 ( 3.9%) |
| Median Home Value | $758,229 |
| Average Home Value | $780,329 |
Housing Distribution
Address Breakdown
Residential
7,331
Single Family
5,491
Multi-Family
1,840
Businesses
183
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
Single Family
Built in 1935
3,200 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11427, Queens Village, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,287 (100%) |
| Owner Occupied HU | 4,710 (56.8%) |
| Renter Occupied HU | 3,253 (39.3%) |
| Vacant Housing Units | 324 ( 3.9%) |
| Median Home Value | $758,229 |
| Average Home Value | $780,329 |
Housing Distribution
Address Breakdown
Residential
7,331
Single Family
5,491
Multi-Family
1,840
Businesses
183
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices