31 Tiemann Pl APT 42New YorkNY10027
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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 31 Tiemann Pl APT 42, New York, NY, 10027 priced at $545,000 converts $7,610/mo rent into $3,265/mo cash flow after a $2,668/mo obligation. Total monthly income equals $7,610/mo, and annual cash flow totals $39,181/yr on $179,305 invested. Return on cash invested prints 41.91% in year one, and rental yield reads 16.76% against a $545,000 entry. Equity gained on principal adds $3,517/yr, while 5% annual appreciation compiles into $150,573 by year five. Five-year ROI reaches 223.17% and total cumulative return in cash sums $400,164. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $7,610/mo property income covering a $2,668/mo payment, not borrower’s personal income.
Condo
Built in 1926
N/A lot
$N/A/sqft
$705 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10027, New York, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 28,400 (100%) |
| Owner Occupied HU | 3,911 (13.8%) |
| Renter Occupied HU | 22,251 (78.3%) |
| Vacant Housing Units | 2,238 ( 7.9%) |
| Median Home Value | $811,564 |
| Average Home Value | $1,055,089 |
Housing Distribution
Address Breakdown
Residential
25,725
Single Family
655
Multi-Family
25,070
Businesses
1,262
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