20 River Ter APT 12BNew YorkNY10282
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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
Rental property for sale in New York at 20 River Ter APT 12B, New York, NY, 10282 offers $7,126/mo rent that, after a $4,503/mo payment. Total monthly income is $7,126/mo. Return on cash invested measures 15.04% in year one, and rental yield stands at 9.29% at a $920,000 entry. Equity gained on principal adds $5,937/yr while 5% annual appreciation compounds into $254,179 by year five. Five-year ROI records 80.59% and total cumulative return in cash reaches $243,939. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $7,126/mo property income versus a $4,503/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 2002
N/A lot
$N/A/sqft
$2,248 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10282, New York, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,418 (100%) |
| Owner Occupied HU | 206 ( 8.5%) |
| Renter Occupied HU | 1,827 (75.6%) |
| Vacant Housing Units | 385 (15.9%) |
| Median Home Value | $2,000,001 |
| Average Home Value | $1,580,671 |
Housing Distribution
Address Breakdown
Residential
2,777
Single Family
1
Multi-Family
2,776
Businesses
40
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