2280 Frederick Douglass Blvd APT 11ENew YorkNY10027
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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 2280 Frederick Douglass Blvd APT 11E, New York, NY, 10027 offers a 6.49% rental yield on a $845,000 purchase with $4,571/mo rent. 66% in year one. Equity gained on principal adds $5,453/yr while 5% annual appreciation supports $233,458 over five years. Portfolio math shows five-year ROI at 55.62% and total cumulative return in cash at $154,620. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,571/mo property income against a $4,136/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2010
N/A lot
$N/A/sqft
$1,105 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10027, New York, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 28,400 (100%) |
| Owner Occupied HU | 3,911 (13.8%) |
| Renter Occupied HU | 22,251 (78.3%) |
| Vacant Housing Units | 2,238 ( 7.9%) |
| Median Home Value | $811,564 |
| Average Home Value | $1,055,089 |
Housing Distribution
Address Breakdown
Residential
25,725
Single Family
655
Multi-Family
25,070
Businesses
1,262
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