116 Central Park S APT 10GNew YorkNY10019
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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 New York at 116 Central Park S APT 10G, New York, NY, 10019 priced at $755,000 converts $4,550/mo rent into after a $3,695/mo obligation. Total monthly income equals $4,550/mo. Return on cash invested prints 17.69% in year one, and rental yield reads 7.23% against a $755,000 entry. Equity gained on principal adds $4,872/yr, while 5% annual appreciation compiles into $208,593 by year five. Five-year ROI reaches 91.53% and total cumulative return in cash sums $227,367. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,550/mo property income covering a $3,695/mo payment, not borrower’s personal income.
Condo
Built in 1950
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10019, New York, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 35,231 (100%) |
| Owner Occupied HU | 4,717 (13.4%) |
| Renter Occupied HU | 24,438 (69.4%) |
| Vacant Housing Units | 6,076 (17.2%) |
| Median Home Value | $962,650 |
| Average Home Value | $1,201,466 |
Housing Distribution
Address Breakdown
Residential
31,630
Single Family
93
Multi-Family
31,537
Businesses
3,077
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