2041 5th Ave APT 5FNew 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
Rental property for sale in New York at 2041 5th Ave APT 5F, New York, NY, 10035 generates $8,880/mo in rent and, after a $2,932/mo payment, leaves $4,138/mo in cash flow. Total monthly income is $8,880/mo, and annual cash flow is $49,653/yr on $197,071 invested. Return on cash invested sits at 45.26% in year one, and rental yield is 17.79% on a $599,000 entry. Equity gained on principal adds $3,865/yr, while 5% annual appreciation builds toward $165,493 over five years. Five-year ROI reaches 241.01% and total cumulative return in cash sums $474,958. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $8,880/mo property income rather than buyer’s personal income.
Condo
Built in 1921
N/A lot
$N/A/sqft
$742 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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