240 E 79th St APT 8A, New York, NY, 10075 | 4.34% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in New York at 240 E 79th St APT 8A, New York, NY, 10075 generates $4,517/mo in rent, after a $6,113/mo payment. Total monthly income is $4,517/mo. Return on cash invested sits at 9.03% in year one, and rental yield is 4.34% on a $1,249,000 entry. Equity gained on principal adds $8,060/yr, while 5% annual appreciation builds toward $345,076 over five years. Five-year ROI reaches 45.07% and total cumulative return in cash sums $182,399. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,517/mo property income rather than buyer’s personal income.

Condo

Built in 1929

N/A lot

$N/A/sqft

No HOA