9316 215th StJamaicaNY11428
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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 9316 215th St, Jamaica, NY, 11428 generates $7,129/mo in rent and, after a $4,204/mo payment, leaves $1,393/mo in cash flow. Total monthly income is $7,129/mo, and annual cash flow is $16,717/yr on $282,611 invested. Return on cash invested sits at 25.98% in year one, and rental yield is 9.96% on a $859,000 entry. Equity gained on principal adds $5,543/yr, while 5% annual appreciation builds toward $237,326 over five years. Five-year ROI reaches 136% and total cumulative return in cash sums $384,351. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $7,129/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: 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
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