11 W 116th St APT 4CNew YorkNY10026
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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 11 W 116th St APT 4C, New York, NY, 10026 offers a 10.02% rental yield on a $1,325,250 purchase with $11,071/mo rent. Total monthly income registers $11,071/mo, and a $6,486/mo payment leaves $1,308/mo available for distribution. Annual cash flow reaches $15,692/yr on $429,381 to close, and return on cash invested stands at 24.02% in year one. Equity gained on principal adds $8,552/yr while 5% annual appreciation supports $366,142 over five years. Portfolio math shows five-year ROI at 126.39% and total cumulative return in cash at $542,711. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $11,071/mo property income against a $6,486/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2022
N/A lot
$N/A/sqft
$914 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10026, New York, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,540 (100%) |
| Owner Occupied HU | 3,184 (18.2%) |
| Renter Occupied HU | 13,084 (74.6%) |
| Vacant Housing Units | 1,272 ( 7.3%) |
| Median Home Value | $1,037,960 |
| Average Home Value | $1,157,201 |
Housing Distribution
Address Breakdown
Residential
15,866
Single Family
333
Multi-Family
15,533
Businesses
565
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