225 Rector Pl APT 2DDNew YorkNY10280
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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 225 Rector Pl APT 2DD, New York, NY, 10280 uses $197,400 cash to close to unlock $12,240/yr annual cash flow and $1,020/mo monthly cash flow. Total monthly income runs $5,027/mo, and a $2,937/mo payment keeps the spread at $1,020/mo. Purchase price stands at $600,000, and rental yield measures 10.05% with $5,027/mo rent. Return on cash invested shows 26.26% in year one, and 5% annual appreciation builds toward $165,769 over five years. Five-year ROI reaches 137.51% and total cumulative return in cash records $271,452. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,027/mo property income covering a $2,937/mo payment rather than investor’s personal income.
Condo
Built in 1985
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10280, New York, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,426 (100%) |
| Owner Occupied HU | 1,550 (28.6%) |
| Renter Occupied HU | 3,384 (62.4%) |
| Vacant Housing Units | 492 ( 9.1%) |
| Median Home Value | $1,096,026 |
| Average Home Value | $1,315,710 |
Housing Distribution
Address Breakdown
Residential
4,842
Single Family
0
Multi-Family
4,842
Businesses
61
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