211 Madison Ave #5BNew YorkNY10016
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 211 Madison Ave #5B, New York, NY, 10016 with 5% annual appreciation on a $1,225,000 basis while $4,461/mo rent supports operations. 12% in year one. Equity gained on principal adds $7,905/yr, and five-year appreciation sums $338,445 alongside rental yield of 4.37%. Five-year ROI measures 45.57% and total cumulative return in cash totals $180,864. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,461/mo property income versus a $5,996/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 1985
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10016, New York, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 41,052 (100%) |
| Owner Occupied HU | 8,730 (21.3%) |
| Renter Occupied HU | 26,763 (65.2%) |
| Vacant Housing Units | 5,559 (13.5%) |
| Median Home Value | $1,031,364 |
| Average Home Value | $1,209,032 |
Housing Distribution
Address Breakdown
Residential
37,372
Single Family
320
Multi-Family
37,052
Businesses
3,608
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices