1280 5th Ave APT 19CNew 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 APT 19C, New York, NY, 10029 earns from $7,081/mo rent with a $8,884/mo payment. Total monthly income totals $7,081/mo. ROI tracks 10.09% on current figures, and rental yield reads 4.68% at a $1,815,000 purchase. Equity gained on principal adds $11,712/yr, and 5% annual appreciation supports $501,451 over five years. Five-year ROI reaches 50.73% and total cumulative return in cash sums $298,301. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $7,081/mo property income instead of your personal income.
Condo
Built in 2012
N/A lot
$N/A/sqft
No 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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