261 W 28th St APT 10DNew YorkNY10001
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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 261 W 28th St APT 10D, New York, NY, 10001 offers a 15.08% rental yield on a $583,524 purchase with $7,333/mo rent. 33% in year one. Equity gained on principal adds $3,765/yr while 5% annual appreciation supports $161,217 over five years. Portfolio math shows five-year ROI at 78.41% and total cumulative return in cash at $150,539. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $7,333/mo property income against a $2,856/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2006
7,641 sqft lot
$N/A/sqft
$2,768 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10001, New York, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,863 (100%) |
| Owner Occupied HU | 3,468 (17.5%) |
| Renter Occupied HU | 13,783 (69.4%) |
| Vacant Housing Units | 2,612 (13.2%) |
| Median Home Value | $797,546 |
| Average Home Value | $997,143 |
Housing Distribution
Address Breakdown
Residential
18,242
Single Family
154
Multi-Family
18,088
Businesses
5,930
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