260 Park Ave S APT 9KNew YorkNY10010
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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 260 Park Ave S APT 9K, New York, NY, 10010 offers $5,202/mo rent that, after a $6,730/mo payment. Total monthly income is $5,202/mo. Return on cash invested measures 6.57% in year one, and rental yield stands at 4.54% at a $1,375,000 entry. Equity gained on principal adds $8,873/yr while 5% annual appreciation compounds into $379,887 by year five. Five-year ROI records 32.97% and total cumulative return in cash reaches $146,886. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $5,202/mo property income versus a $6,730/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1913
N/A lot
$N/A/sqft
$1,144 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10010, New York, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,835 (100%) |
| Owner Occupied HU | 4,675 (23.6%) |
| Renter Occupied HU | 12,977 (65.4%) |
| Vacant Housing Units | 2,183 (11.0%) |
| Median Home Value | $1,076,308 |
| Average Home Value | $1,205,915 |
Housing Distribution
Address Breakdown
Residential
19,396
Single Family
111
Multi-Family
19,285
Businesses
2,475
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