274 Nagle Ave APT 2ENew YorkNY10034
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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 274 Nagle Ave APT 2E, New York, NY, 10034 priced at $250,000 converts $1,915/mo rent into after a $1,224/mo obligation. Total monthly income equals $1,915/mo. Return on cash invested prints 15.61% in year one, and rental yield reads 9.19% against a $250,000 entry. Equity gained on principal adds $1,613/yr, while 5% annual appreciation compiles into $69,070 by year five. Five-year ROI reaches 83.33% and total cumulative return in cash sums $69,058. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,915/mo property income covering a $1,224/mo payment, not borrower’s personal income.
Condo
Built in 1930
N/A lot
$N/A/sqft
$542 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10034, New York, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,224 (100%) |
| Owner Occupied HU | 1,656 (10.2%) |
| Renter Occupied HU | 13,812 (85.1%) |
| Vacant Housing Units | 756 ( 4.7%) |
| Median Home Value | $542,449 |
| Average Home Value | $580,064 |
Housing Distribution
Address Breakdown
Residential
15,595
Single Family
179
Multi-Family
15,416
Businesses
770
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