215 W 91st St APT 87, New York, NY, 10024 | 4.61% Rental Yield

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215 W 91st St APT 87, New York, NY, 10024 | 4.61% Rental Yield | Ziffy

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NMLS #2625701

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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

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Investment Highlights

Investment property for sale in New York at 215 W 91st St APT 87, New York, NY, 10024 offers a 4.61% rental yield on a $1,250,000 purchase with $4,800/mo rent. 85% in year one. Equity gained on principal adds $8,066/yr while 5% annual appreciation supports $345,352 over five years. Portfolio math shows five-year ROI at 14.44% and total cumulative return in cash at $58,489. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,800/mo property income against a $6,118/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Condo

Built in 1917

N/A lot

$N/A/sqft

$2,367 monthly HOA

More details about the property

A beautifully renovated, bright, and spacious 2BR/2Bath home on the 8th floor of a spectacular building in a prime UWS location. Enter through a large foyer with room for an office or console table. The spacious living/dining area is perfect for entertaining, and receives beautiful direct light. It is adjacent to the pristine, meticulously renovated eat-in kitchen, featuring ample counter and cabinet space, stainless GE appliances, and a large pantry. Two large, flexible bedrooms both include newly renovated windowed baths, one with a tub, and the primary with a beautiful glass stall shower. Prewar details, including high ceilings, large windows, and hardwood floors, are throughout this wonderful home. The DeSoto is a classic NYC prewar building with full-time doormen, live-in superintendent, and a spectacular lobby. The building features storage, bike storage, laundry, a playroom, and a furnished roof deck with fabulous views. It is a block from the express 2/3 subway at 94th St., and both Central and Riverside Parks are easily accessible. Maintenance includes cable, bike and storage fees.

Neighborhood Data

Neighborhood data shown for ZIP Code: 10024, New York, NY area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	34,255 (100%)
Owner Occupied HU	10,791 (31.5%)
Renter Occupied HU	19,161 (55.9%)
Vacant Housing Units	4,303 (12.6%)
Median Home Value	$1,690,841
Average Home Value	$1,553,022