90-37 77th StreetJamaicaNY11421
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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 90-37 77th Street, Jamaica, NY, 11421 listed at $1,180,000 pairs $3,832/mo rent with a $5,776/mo payment. Total monthly income runs $3,832/mo. Return on cash invested measures 7.66% in year one, and rental yield registers 3.9% at a $1,180,000 basis. Equity gained on principal adds $7,614/yr, and annual property appreciation at 5% supports $326,012 by year five. Five-year ROI tracks 37.73% and total cumulative return in cash totals $144,260. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,832/mo property income relative to a $5,776/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 1920
2,200 sqft lot
$N/A/sqft
No HOA
More details about the property
Neighborhood Data
Neighborhood data shown for ZIP Code: 11421, Woodhaven, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,210 (100%) |
| Owner Occupied HU | 5,817 (44.0%) |
| Renter Occupied HU | 6,673 (50.5%) |
| Vacant Housing Units | 720 ( 5.5%) |
| Median Home Value | $763,964 |
| Average Home Value | $773,555 |
Housing Distribution
Address Breakdown
Residential
9,035
Single Family
6,703
Multi-Family
2,332
Businesses
610
Price History
Date | Event | Price |
|---|---|---|
| 2024-03-05 | Listed for sale | $1,180,000 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-02-12 | N/A | N/A | $49,980 | 5.84% |
| 2022-02-12 | N/A | N/A | $47,220 | 0.51% |
| 2021-02-12 | N/A | N/A | $46,980 | 7.85% |
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Facts & Features
General Information
- Type: MultiFamily
- Year Built: 1920
- Architectural Style: Colonial
- Building Area: 2,200
- Living Area: 2,200 sqft
- Property Condition: N/A
Features & Amenities
- Heating: Natural Gas, Forced Air, See Remarks
- Cooling: None
- Flooring: N/A
- Interior Features: Entrance Foyer
- Exterior Features: N/A
- Parking Features: Shared Driveway, Detached
Location
HOA & Fees
- HOA Fee: N/A
- Association Fee: N/A
- Fees & Dues: N/A
- Association Amenities: Park
- Association Fee Includes: N/A
Utilities
- Utilities: N/A
- Sewer: N/A
- Water Source: Public
- Road Surface Type: N/A
School Information
- Elementary School: Ps 97 Forest Park
- Middle School: Jhs 210 Elizabeth Blackwell
- High School: John Adams High School
What's Special
None
Listed by: Kissoon Dhanraj • Sky Port Homes LLC
Mls Name: OneKey MLS
Mls Provider:
Mls ID: #L3535591
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