129 W 89th St APT 36New YorkNY10024
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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 129 W 89th St APT 36, New York, NY, 10024 listed at $840,000 pairs $6,656/mo rent with a $4,111/mo payment to leave $1,047/mo cash flow. Total monthly income runs $6,656/mo, and annual cash flow reaches $12,564/yr on $276,360 cash to close. Return on cash invested measures 24.61% in year one, and rental yield registers 9.51% at a $840,000 basis. Equity gained on principal adds $5,420/yr, and annual property appreciation at 5% supports $232,077 by year five. Five-year ROI tracks 128.64% and total cumulative return in cash totals $355,502. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $6,656/mo property income relative to a $4,111/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1900
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10024, New York, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 34,255 (100%) |
| Owner Occupied HU | 10,791 (31.5%) |
| Renter Occupied HU | 19,161 (55.9%) |
| Vacant Housing Units | 4,303 (12.6%) |
| Median Home Value | $1,690,841 |
| Average Home Value | $1,553,022 |
Housing Distribution
Address Breakdown
Residential
28,850
Single Family
562
Multi-Family
28,288
Businesses
1,102
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