1787 Madison Ave APT 507New YorkNY10035
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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 1787 Madison Ave APT 507, New York, NY, 10035 uses $263,200 cash to close to unlock $8,908/yr annual cash flow and $742/mo monthly cash flow. Total monthly income runs $7,393/mo, and a $3,916/mo payment keeps the spread at $742/mo. Purchase price stands at $800,000, and rental yield measures 11.09% with $7,393/mo rent. Return on cash invested shows 23.44% in year one, and 5% annual appreciation builds toward $221,025 over five years. Five-year ROI reaches 124.59% and total cumulative return in cash records $327,920. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $7,393/mo property income covering a $3,916/mo payment rather than investor’s personal income.
Condo
Built in 2003
N/A lot
$N/A/sqft
$1,308 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10035, New York, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,688 (100%) |
| Owner Occupied HU | 1,564 ( 9.4%) |
| Renter Occupied HU | 13,744 (82.4%) |
| Vacant Housing Units | 1,380 ( 8.3%) |
| Median Home Value | $718,233 |
| Average Home Value | $917,413 |
Housing Distribution
Address Breakdown
Residential
15,564
Single Family
549
Multi-Family
15,015
Businesses
882
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