1280 5th Ave #6GNew YorkNY10029
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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 1280 5th Ave #6G, New York, NY, 10029 listed at $785,000 pairs $6,012/mo rent with a $3,842/mo payment. Total monthly income runs $6,012/mo. Return on cash invested measures 18.61% in year one, and rental yield registers 9.19% at a $785,000 basis. Equity gained on principal adds $5,065/yr, and annual property appreciation at 5% supports $216,881 by year five. Five-year ROI tracks 98.3% and total cumulative return in cash totals $253,886. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $6,012/mo property income relative to a $3,842/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2012
N/A lot
$N/A/sqft
$1,083 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10029, New York, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 35,868 (100%) |
| Owner Occupied HU | 2,780 ( 7.8%) |
| Renter Occupied HU | 30,957 (86.3%) |
| Vacant Housing Units | 2,131 ( 5.9%) |
| Median Home Value | $726,974 |
| Average Home Value | $903,820 |
Housing Distribution
Address Breakdown
Residential
33,613
Single Family
313
Multi-Family
33,300
Businesses
1,359
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