9014 Spritz RdJamaicaNY11417
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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 9014 Spritz Rd, Jamaica, NY, 11417 generates $4,019/mo in rent, after a $4,992/mo payment. Total monthly income is $4,019/mo. Return on cash invested sits at 10.23% in year one, and rental yield is 4.73% on a $1,020,000 entry. Equity gained on principal adds $6,582/yr, while 5% annual appreciation builds toward $281,807 over five years. Five-year ROI reaches 51.5% and total cumulative return in cash sums $170,203. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,019/mo property income rather than buyer’s personal income.
Multi Family
Built in 1960
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11417, Ozone Park, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,068 (100%) |
| Owner Occupied HU | 4,716 (46.8%) |
| Renter Occupied HU | 4,818 (47.9%) |
| Vacant Housing Units | 534 ( 5.3%) |
| Median Home Value | $732,315 |
| Average Home Value | $799,661 |
Housing Distribution
Address Breakdown
Residential
6,950
Single Family
6,094
Multi-Family
856
Businesses
629
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