218 E 111th St APT 1New YorkNY10029
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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
Investment property for sale in New York at 218 E 111th St APT 1, New York, NY, 10029 earns from $6,190/mo rent with a $7,317/mo payment. Total monthly income totals $6,190/mo. ROI tracks 10.97% on current figures, and rental yield reads 4.97% at a $1,495,000 purchase. Equity gained on principal adds $9,647/yr, and 5% annual appreciation supports $413,041 over five years. Five-year ROI reaches 55.48% and total cumulative return in cash sums $268,717. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $6,190/mo property income instead of your personal income.
Single Family
Built in 1910
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10029, New York, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 35,868 (100%) |
| Owner Occupied HU | 2,780 ( 7.8%) |
| Renter Occupied HU | 30,957 (86.3%) |
| Vacant Housing Units | 2,131 ( 5.9%) |
| Median Home Value | $726,974 |
| Average Home Value | $903,820 |
Housing Distribution
Address Breakdown
Residential
33,613
Single Family
313
Multi-Family
33,300
Businesses
1,359
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