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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in New York at 229 E 28th St, New York, NY, 10016 priced at $319,000 pairs $2,333/mo rent with after a $1,561/mo payment. Total monthly income equals $2,333/mo. Return on cash invested is -651.46% in year one, and rental yield stands at 8.78% on a $319,000 basis. Equity gained on principal adds $2,058/yr, and 5% annual appreciation accumulates to $88,134 by year five. For financing, Ziffy Mortgage’s DSCR program evaluates $2,333/mo property income against a $1,561/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1962
N/A lot
$N/A/sqft
$1,128 monthly HOA
Neighborhood data shown for ZIP Code: 10016, New York, NY area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 41,052 (100%) |
| Owner Occupied HU | 8,730 (21.3%) |
| Renter Occupied HU | 26,763 (65.2%) |
| Vacant Housing Units | 5,559 (13.5%) |
| Median Home Value | $1,031,364 |
| Average Home Value | $1,209,032 |
Residential
37,372
Single Family
320
Multi-Family
37,052
Businesses
3,608
Date | Event | Price |
|---|---|---|
| 2025-04-04 | Price change | $319,000 |
| 2025-02-06 | Listed for sale | $339,000 |
| 2024-10-29 | Listing removed | $339,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-16 | $703456.00 | 2.72% | $5,925,600 | 11.62% |
| 2023-06-16 | $684813.00 | N/A | $5,308,650 | -9.27% |
| 2022-06-16 | N/A | N/A | $5,851,350 | 9.31% |
Listed by: Marin Daskalov • Spire Group
Mls Name: StreetEasy
Mls ID: #S1752997
