269 87th St #8BNew YorkNY10024
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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 269 87th St #8B, New York, NY, 10024 with 5% annual appreciation on a $1,865,000 basis while $18,254/mo rent supports operations. 26% in year one. Equity gained on principal adds $12,035/yr, and five-year appreciation sums $515,265 alongside rental yield of 11.75%. Five-year ROI measures 44.5% and total cumulative return in cash totals $268,878. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $18,254/mo property income versus a $9,128/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Apartment
Built in 2018
N/A lot
$N/A/sqft
$12,402 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10024, New York, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 34,255 (100%) |
| Owner Occupied HU | 10,791 (31.5%) |
| Renter Occupied HU | 19,161 (55.9%) |
| Vacant Housing Units | 4,303 (12.6%) |
| Median Home Value | $1,690,841 |
| Average Home Value | $1,553,022 |
Housing Distribution
Address Breakdown
Residential
28,850
Single Family
562
Multi-Family
28,288
Businesses
1,102
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