245 Bennett Ave APT 7CManhattanNY10040
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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
Total monthly income runs $3,073/mo, and a $1,884/mo payment. Purchase price stands at $385,000, and rental yield measures 9.58% with $3,073/mo rent. Return on cash invested shows 15.74% in year one, and 5% annual appreciation builds toward $106,368 over five years. Five-year ROI reaches 84.36% and total cumulative return in cash records $107,662. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,073/mo property income covering a $1,884/mo payment rather than investor’s personal income.
Condo
Built in N/A
N/A lot
$N/A/sqft
$946 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10040, New York, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,674 (100%) |
| Owner Occupied HU | 1,923 (10.9%) |
| Renter Occupied HU | 14,568 (82.4%) |
| Vacant Housing Units | 1,183 ( 6.7%) |
| Median Home Value | $525,000 |
| Average Home Value | $522,291 |
Housing Distribution
Address Breakdown
Residential
16,253
Single Family
116
Multi-Family
16,137
Businesses
568
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