1160 3rd Ave APT 11ENew YorkNY10065
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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 1160 3rd Ave APT 11E, New York, NY, 10065 uses $243,460 cash to close to unlock $21,700/yr annual cash flow and $1,808/mo monthly cash flow. Total monthly income runs $6,750/mo, and a $3,622/mo payment keeps the spread at $1,808/mo. Purchase price stands at $740,000, and rental yield measures 10.95% with $6,750/mo rent. Return on cash invested shows 28.97% in year one, and 5% annual appreciation builds toward $204,448 over five years. Five-year ROI reaches 152.07% and total cumulative return in cash records $370,234. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $6,750/mo property income covering a $3,622/mo payment rather than investor’s personal income.
Condo
Built in 1965
N/A lot
$N/A/sqft
No HOA
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