1595 Lexington Ave APT 8CNew 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 1595 Lexington Ave APT 8C, New York, NY, 10029 priced at $799,000 converts $4,386/mo rent into after a $3,911/mo obligation. Total monthly income equals $4,386/mo. Return on cash invested prints 12.86% in year one, and rental yield reads 6.59% against a $799,000 entry. Equity gained on principal adds $5,156/yr, while 5% annual appreciation compiles into $220,749 by year five. Five-year ROI reaches 66.71% and total cumulative return in cash sums $175,374. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,386/mo property income covering a $3,911/mo payment, not borrower’s personal income.
Condo
Built in 2007
N/A lot
$N/A/sqft
$627 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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