118 E 60th St APT 9CNew YorkNY10022
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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 118 E 60th St APT 9C, New York, NY, 10022 earns $512/mo cash flow from $8,314/mo rent with a $3,989/mo payment. Total monthly income totals $8,314/mo, and annual cash flow totals $6,139/yr on $268,135 capital. ROI tracks 22.35% on current figures, and rental yield reads 12.24% at a $815,000 purchase. Equity gained on principal adds $5,259/yr, and 5% annual appreciation supports $225,169 over five years. Five-year ROI reaches 120.37% and total cumulative return in cash sums $322,765. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $8,314/mo property income instead of your personal income.
Condo
Built in 1963
N/A lot
$N/A/sqft
$2,360 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10022, New York, NY area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
18,774
Single Family
271
Multi-Family
18,503
Businesses
3,725
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