2280 Frederick Douglass BlvdNew 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
Rental property for sale in New York at 2280 Frederick Douglass Blvd, New York, NY, 10027 offers $10,852/mo rent that, after a $9,300/mo payment. Total monthly income is $10,852/mo. Return on cash invested measures 12.1% in year one, and rental yield stands at 6.85% at a $1,899,995 entry. Equity gained on principal adds $12,260/yr while 5% annual appreciation compounds into $524,934 by year five. Five-year ROI records 63.21% and total cumulative return in cash reaches $389,150. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $10,852/mo property income versus a $9,300/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 2010
N/A lot
$N/A/sqft
$2,407 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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