1399 Park Ave #14ANew 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
Rental property for sale in New York at 1399 Park Ave #14A, New York, NY, 10029 priced at $969,000 pairs $8,554/mo rent with $800/mo cash flow after a $4,743/mo payment. Total monthly income equals $8,554/mo, and annual cash flow comes to $9,599/yr on $318,801 invested. Return on cash invested is 23.07% in year one, and rental yield stands at 10.59% on a $969,000 basis. Equity gained on principal adds $6,253/yr, and 5% annual appreciation accumulates to $267,717 by year five. Five-year ROI measures 122.15% and total cumulative return in cash reaches $389,427. For financing, Ziffy Mortgage’s DSCR program evaluates $8,554/mo property income against a $4,743/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 2019
N/A lot
$N/A/sqft
$1,283 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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