207 E 74th St #PHGNew YorkNY10021
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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 207 E 74th St #PHG, New York, NY, 10021 generates $3,818/mo in rent, after a $5,017/mo payment. Total monthly income is $3,818/mo. Return on cash invested sits at 9.43% in year one, and rental yield is 4.47% on a $1,025,000 entry. Equity gained on principal adds $6,614/yr, while 5% annual appreciation builds toward $283,189 over five years. Five-year ROI reaches 47.23% and total cumulative return in cash sums $156,856. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,818/mo property income rather than buyer’s personal income.
Condo
Built in 1963
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10021, New York, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 28,344 (100%) |
| Owner Occupied HU | 10,240 (36.1%) |
| Renter Occupied HU | 14,054 (49.6%) |
| Vacant Housing Units | 4,050 (14.3%) |
| Median Home Value | $1,615,914 |
| Average Home Value | $1,531,995 |
Housing Distribution
Address Breakdown
Residential
23,098
Single Family
421
Multi-Family
22,677
Businesses
1,644
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