295 Bennett Ave APT 8GNew YorkNY10040
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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 295 Bennett Ave APT 8G, New York, NY, 10040 offers a 10.33% rental yield on a $418,888 purchase with $3,607/mo rent. Total monthly income registers $3,607/mo, and a $2,050/mo payment leaves $810/mo available for distribution. Annual cash flow reaches $9,720/yr on $138,861 to close, and return on cash invested stands at 26.91% in year one. Equity gained on principal adds $2,703/yr while 5% annual appreciation supports $115,731 over five years. Portfolio math shows five-year ROI at 141% and total cumulative return in cash at $195,798. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,607/mo property income against a $2,050/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10040, New York, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,674 (100%) |
| Owner Occupied HU | 1,923 (10.9%) |
| Renter Occupied HU | 14,568 (82.4%) |
| Vacant Housing Units | 1,183 ( 6.7%) |
| Median Home Value | $525,000 |
| Average Home Value | $522,291 |
Housing Distribution
Address Breakdown
Residential
16,253
Single Family
116
Multi-Family
16,137
Businesses
568
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