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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in New York at 118 E 60th St APT 8E, New York, NY, 10022 generates $4,012/mo in rent, after a $3,549/mo payment. Total monthly income is $4,012/mo. Return on cash invested sits at 5.82% in year one, and rental yield is 6.64% on a $725,000 entry. Equity gained on principal adds $4,678/yr, while 5% annual appreciation builds toward $200,304 over five years. Five-year ROI reaches 31.58% and total cumulative return in cash sums $75,329. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,012/mo property income rather than buyer’s personal income.
Condo
Built in 1963
N/A lot
$N/A/sqft
$2,000 monthly HOA
Neighborhood data shown for ZIP Code: 10022, New York, NY area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 27,279 (100%) |
| Owner Occupied HU | 11,002 (40.3%) |
| Renter Occupied HU | 11,015 (40.4%) |
| Vacant Housing Units | 5,262 (19.3%) |
| Median Home Value | $1,223,949 |
| Average Home Value | $1,331,078 |
Residential
18,774
Single Family
271
Multi-Family
18,503
Businesses
3,725
Date | Event | Price |
|---|---|---|
| 2024-11-06 | Listed for sale | $725,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2019-02-12 | N/A | N/A | N/A | N/A |
| 2018-02-12 | $4570127.00 | N/A | $40,492,352 | 2.83% |
| 2017-02-12 | N/A | N/A | $39,376,800 | N/A |
Listed by: Christine Sparacino • Re Max Sparrow Realty
Mls Name: StreetEasy
Mls ID: #S1742557
