11 W 116th St APT 6BNew 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 6B, New York, NY, 10026 earns $1,197/mo cash flow from $11,585/mo rent with a $6,901/mo payment. Total monthly income totals $11,585/mo, and annual cash flow totals $14,358/yr on $456,840 capital. ROI tracks 23.51% on current figures, and rental yield reads 9.86% at a $1,410,000 purchase. Equity gained on principal adds $9,099/yr, and 5% annual appreciation supports $389,557 over five years. Five-year ROI reaches 123.65% and total cumulative return in cash sums $564,879. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $11,585/mo property income instead of your personal income.
Condo
Built in 2022
N/A lot
$N/A/sqft
$973 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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