188 E 70th St APT 16BNew YorkNY10021
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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 188 E 70th St APT 16B, New York, NY, 10021 listed at $256,476 pairs $5,165/mo rent with a $1,255/mo payment to leave $1,741/mo cash flow. Total monthly income runs $5,165/mo, and annual cash flow reaches $20,892/yr on $85,022 cash to close. Return on cash invested measures 44.48% in year one, and rental yield registers 24.17% at a $256,476 basis. Equity gained on principal adds $1,655/yr, and annual property appreciation at 5% supports $70,860 by year five. Five-year ROI tracks 244.08% and total cumulative return in cash totals $207,519. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,165/mo property income relative to a $1,255/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1985
N/A lot
$N/A/sqft
$896 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10021, New York, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 28,344 (100%) |
| Owner Occupied HU | 10,240 (36.1%) |
| Renter Occupied HU | 14,054 (49.6%) |
| Vacant Housing Units | 4,050 (14.3%) |
| Median Home Value | $1,615,914 |
| Average Home Value | $1,531,995 |
Housing Distribution
Address Breakdown
Residential
23,098
Single Family
421
Multi-Family
22,677
Businesses
1,644
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