116 Pinehurst Ave APT G41New YorkNY10033
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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 Pinehurst Ave APT G41, New York, NY, 10033 generates $3,567/mo in rent, after a $2,775/mo payment. Total monthly income is $3,567/mo. Return on cash invested sits at 18.65% in year one, and rental yield is 7.55% on a $567,000 entry. Equity gained on principal adds $3,659/yr, while 5% annual appreciation builds toward $156,652 over five years. Five-year ROI reaches 96.7% and total cumulative return in cash sums $180,391. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,567/mo property income rather than buyer’s personal income.
Condo
Built in 1925
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10033, New York, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,597 (100%) |
| Owner Occupied HU | 2,458 (11.9%) |
| Renter Occupied HU | 16,834 (81.7%) |
| Vacant Housing Units | 1,305 ( 6.3%) |
| Median Home Value | $724,865 |
| Average Home Value | $860,463 |
Housing Distribution
Address Breakdown
Residential
19,434
Single Family
150
Multi-Family
19,284
Businesses
944
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