2 S End Ave APT 4O, New York, NY, 10280 | $1,803/mo Cash Flow

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2 S End Ave APT 4O, New York, NY, 10280 | $1,803/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in New York at 2 S End Ave APT 4O, New York, NY, 10280 uses $181,608 cash to close to unlock $21,631/yr annual cash flow and $1,803/mo monthly cash flow. Total monthly income runs $5,489/mo, and a $2,702/mo payment keeps the spread at $1,803/mo. Purchase price stands at $552,000, and rental yield measures 11.93% with $5,489/mo rent. Return on cash invested shows 31.97% in year one, and 5% annual appreciation builds toward $152,507 over five years. Five-year ROI reaches 168.15% and total cumulative return in cash records $305,366. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,489/mo property income covering a $2,702/mo payment rather than investor’s personal income.

Condo

Built in 1990

N/A lot

$N/A/sqft

No HOA

More details about the property

Come visit this new one bedroom listing today. The search is over. Come home to your spacious, peaceful, quiet place to relax at days end. Tranquil is the definition of this home. Entrance vestibule with open kitchen on left and bathroom on right with 2 hall closets. Tastefully renovated. Living room faces east with large picture window and hardwood floors throughout. There's a separate entrance to seating area in bedroom. Kitchen has stainless steel appliances: Bosch dishwasher; Samsung oven, GE Microwave, LG refrigerator. Kitchen has a raised countertop and pass through to seating area with 3 stools. Plenty of cabinets and storage. Bedroom entrance via two sets of doors to living room. Feels like a 1 bedroom w/ home office. Bedroom has large closet with upper and lower rods. Renovated early 2022. Mirage white oak floors, skim coated ceiling (no popcorn), new paint. New kitchen cabinets 2012, new stove 2019 new microwave 2023, new fridge & dishwasher 2019. Bathroom is original, in good shape. HVAC units in living room and bedroom. 632 square feet. Ongoing assessment $59/month. Building has strong reserves.

Neighborhood Data

Neighborhood data shown for ZIP Code: 10280, New York, NY area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	5,426 (100%)
Owner Occupied HU	1,550 (28.6%)
Renter Occupied HU	3,384 (62.4%)
Vacant Housing Units	492 ( 9.1%)
Median Home Value	$1,096,026
Average Home Value	$1,315,710