240 W 98th St APT 7DNew YorkNY10025
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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 240 W 98th St APT 7D, New York, NY, 10025 generates $8,806/mo in rent and, after a $1,276/mo payment, leaves $6,201/mo in cash flow. Total monthly income is $8,806/mo, and annual cash flow is $74,411/yr on $86,448 invested. Return on cash invested sits at 105.99% in year one, and rental yield is 40.52% on a $260,777 entry. Equity gained on principal adds $1,683/yr, while 5% annual appreciation builds toward $72,048 over five years. Five-year ROI reaches 569.39% and total cumulative return in cash sums $492,225. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $8,806/mo property income rather than buyer’s personal income.
Apartment
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10025, New York, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 50,583 (100%) |
| Owner Occupied HU | 12,664 (25.0%) |
| Renter Occupied HU | 32,855 (65.0%) |
| Vacant Housing Units | 5,064 (10.0%) |
| Median Home Value | $1,201,143 |
| Average Home Value | $1,313,684 |
Housing Distribution
Address Breakdown
Residential
44,624
Single Family
320
Multi-Family
44,304
Businesses
1,430
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