215 E 81st St APT 4CNew 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 215 E 81st St APT 4C, New York, NY, 10028 offers $7,188/mo rent that, after a $3,426/mo payment, leaves $1,584/mo cash flow. Total monthly income is $7,188/mo, and annual cash flow is $19,006/yr on $230,267 cash. Return on cash invested measures 28.31% in year one, and rental yield stands at 12.32% at a $699,900 entry. Equity gained on principal adds $4,516/yr while 5% annual appreciation compounds into $193,369 by year five. Five-year ROI records 150.28% and total cumulative return in cash reaches $346,040. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $7,188/mo property income versus a $3,426/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1974
N/A lot
$N/A/sqft
$930 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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