239 E 116th StNew 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 239 E 116th St, New York, NY, 10029 listed at $1,995,000 pairs $6,218/mo rent with a $9,765/mo payment. Total monthly income runs $6,218/mo. Return on cash invested measures 7.18% in year one, and rental yield registers 3.74% at a $1,995,000 basis. Equity gained on principal adds $12,873/yr, and annual property appreciation at 5% supports $551,182 by year five. Five-year ROI tracks 35.14% and total cumulative return in cash totals $227,157. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $6,218/mo property income relative to a $9,765/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi 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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