212 E 88th St APT 5ANew YorkNY10128
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
Rental property for sale in New York at 212 E 88th St APT 5A, New York, NY, 10128 priced at $349,000 converts $5,449/mo rent into $2,181/mo cash flow after a $1,708/mo obligation. Total monthly income equals $5,449/mo, and annual cash flow totals $26,167/yr on $115,694 invested. Return on cash invested prints 42.53% in year one, and rental yield reads 18.74% against a $349,000 entry. Equity gained on principal adds $2,252/yr, while 5% annual appreciation compiles into $96,422 by year five. Five-year ROI reaches 228.3% and total cumulative return in cash sums $264,132. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,449/mo property income covering a $1,708/mo payment, not borrower’s personal income.
Condo
Built in 1900
N/A lot
$N/A/sqft
$938 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10128, New York, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 34,000 (100%) |
| Owner Occupied HU | 10,217 (30.0%) |
| Renter Occupied HU | 20,689 (60.8%) |
| Vacant Housing Units | 3,094 ( 9.1%) |
| Median Home Value | $1,343,678 |
| Average Home Value | $1,415,704 |
Housing Distribution
Address Breakdown
Residential
32,173
Single Family
430
Multi-Family
31,743
Businesses
1,113
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices