1885 Lexington Ave APT 6CNew 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 1885 Lexington Ave APT 6C, New York, NY, 10035 at $650,000 posts ROI 28.6% with $1,522/mo cash flow from $7,061/mo rent. Total monthly income equals $7,061/mo, and annual cash flow records $18,262/yr on $213,850 to close. Return on cash invested measures 28.6% and rental yield reads 13.04% at the current $650,000. Equity gained on principal adds $4,194/yr, and 5% annual appreciation supports $179,583 by year five. Five-year ROI prints 152.5% and total cumulative return in cash totals $326,114.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $7,061/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Apartment
Built in 2012
N/A lot
$N/A/sqft
$1,199 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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