120 E 81st St APT 11GNew YorkNY10028
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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 120 E 81st St APT 11G, New York, NY, 10028 generates $12,787/mo in rent, after a $7,092/mo payment. Total monthly income is $12,787/mo. Return on cash invested sits at 18.96% in year one, and rental yield is 10.59% on a $1,449,000 entry. Equity gained on principal adds $9,350/yr, while 5% annual appreciation builds toward $400,332 over five years. Five-year ROI reaches 101.68% and total cumulative return in cash sums $477,367. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $12,787/mo property income rather than buyer’s personal income.
Condo
Built in 1958
N/A lot
$N/A/sqft
$3,664 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10028, New York, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 32,095 (100%) |
| Owner Occupied HU | 9,665 (30.1%) |
| Renter Occupied HU | 18,906 (58.9%) |
| Vacant Housing Units | 3,524 (11.0%) |
| Median Home Value | $1,425,000 |
| Average Home Value | $1,438,888 |
Housing Distribution
Address Breakdown
Residential
24,985
Single Family
285
Multi-Family
24,700
Businesses
1,338
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