245 E 87th St APT 7FNew YorkNY10128
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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 245 E 87th St APT 7F, New York, NY, 10128 at $1,595,000 posts ROI 20.45% with $34/mo cash flow from $13,891/mo rent. Total monthly income equals $13,891/mo, and annual cash flow records $403/yr on $516,780 to close. Return on cash invested measures 20.45% and rental yield reads 10.45% at the current $1,595,000. Equity gained on principal adds $10,292/yr, and 5% annual appreciation supports $440,669 by year five. Five-year ROI prints 108.99% and total cumulative return in cash totals $563,213.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $13,891/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1966
N/A lot
$N/A/sqft
$3,206 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10128, New York, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 34,000 (100%) |
| Owner Occupied HU | 10,217 (30.0%) |
| Renter Occupied HU | 20,689 (60.8%) |
| Vacant Housing Units | 3,094 ( 9.1%) |
| Median Home Value | $1,343,678 |
| Average Home Value | $1,415,704 |
Housing Distribution
Address Breakdown
Residential
32,173
Single Family
430
Multi-Family
31,743
Businesses
1,113
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