201 E 83rd St APT 2GNew YorkNY10028
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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 201 E 83rd St APT 2G, New York, NY, 10028 generates $9,341/mo in rent and, after a $2,203/mo payment, leaves $5,287/mo in cash flow. Total monthly income is $9,341/mo, and annual cash flow is $63,438/yr on $149,175 invested. Return on cash invested sits at 62.43% in year one, and rental yield is 24.91% on a $450,000 entry. Equity gained on principal adds $2,904/yr, while 5% annual appreciation builds toward $124,327 over five years. Five-year ROI reaches 334.6% and total cumulative return in cash sums $499,134. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $9,341/mo property income rather than buyer’s personal income.
Condo
Built in 1964
N/A lot
$N/A/sqft
$1,049 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10028, New York, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 32,095 (100%) |
| Owner Occupied HU | 9,665 (30.1%) |
| Renter Occupied HU | 18,906 (58.9%) |
| Vacant Housing Units | 3,524 (11.0%) |
| Median Home Value | $1,425,000 |
| Average Home Value | $1,438,888 |
Housing Distribution
Address Breakdown
Residential
24,985
Single Family
285
Multi-Family
24,700
Businesses
1,338
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