20 E 88th St APT 1ENew YorkNY10128
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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 20 E 88th St APT 1E, New York, NY, 10128 listed at $349,500 pairs $2,458/mo rent with a $1,711/mo payment to leave $124/mo cash flow. Total monthly income runs $2,458/mo, and annual cash flow reaches $1,485/yr on $115,859 cash to close. Return on cash invested measures 21.19% in year one, and rental yield registers 8.44% at a $349,500 basis. Equity gained on principal adds $2,255/yr, and annual property appreciation at 5% supports $96,560 by year five. Five-year ROI tracks 110.36% and total cumulative return in cash totals $127,861. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,458/mo property income relative to a $1,711/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1923
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10128, New York, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 34,000 (100%) |
| Owner Occupied HU | 10,217 (30.0%) |
| Renter Occupied HU | 20,689 (60.8%) |
| Vacant Housing Units | 3,094 ( 9.1%) |
| Median Home Value | $1,343,678 |
| Average Home Value | $1,415,704 |
Housing Distribution
Address Breakdown
Residential
32,173
Single Family
430
Multi-Family
31,743
Businesses
1,113
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