100 W 89th St APT 6HNew YorkNY10024
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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 New York at 100 W 89th St APT 6H, New York, NY, 10024 offers a 12.38% rental yield on a $699,000 purchase with $7,212/mo rent. Total monthly income registers $7,212/mo, and a $3,421/mo payment leaves $1,720/mo available for distribution. Annual cash flow reaches $20,645/yr on $229,971 to close, and return on cash invested stands at 29.04% in year one. Equity gained on principal adds $4,511/yr while 5% annual appreciation supports $193,121 over five years. Portfolio math shows five-year ROI at 153.97% and total cumulative return in cash at $354,086. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $7,212/mo property income against a $3,421/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1985
N/A lot
$N/A/sqft
$824 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10024, New York, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 34,255 (100%) |
| Owner Occupied HU | 10,791 (31.5%) |
| Renter Occupied HU | 19,161 (55.9%) |
| Vacant Housing Units | 4,303 (12.6%) |
| Median Home Value | $1,690,841 |
| Average Home Value | $1,553,022 |
Housing Distribution
Address Breakdown
Residential
28,850
Single Family
562
Multi-Family
28,288
Businesses
1,102
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