125 E 74th St APT 2BNew YorkNY10021
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 125 E 74th St APT 2B, New York, NY, 10021 generates $6,190/mo in rent, after a $4,870/mo payment. Total monthly income is $6,190/mo. Return on cash invested sits at 5.45% in year one, and rental yield is 7.47% on a $995,000 entry. Equity gained on principal adds $6,421/yr, while 5% annual appreciation builds toward $274,900 over five years. Five-year ROI reaches 30.61% and total cumulative return in cash sums $100,218. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $6,190/mo property income rather than buyer’s personal income.
Condo
Built in 1928
N/A lot
$N/A/sqft
$3,531 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10021, New York, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 28,344 (100%) |
| Owner Occupied HU | 10,240 (36.1%) |
| Renter Occupied HU | 14,054 (49.6%) |
| Vacant Housing Units | 4,050 (14.3%) |
| Median Home Value | $1,615,914 |
| Average Home Value | $1,531,995 |
Housing Distribution
Address Breakdown
Residential
23,098
Single Family
421
Multi-Family
22,677
Businesses
1,644
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices