310 Riverside Dr APT 1509New YorkNY10025
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 310 Riverside Dr APT 1509, New York, NY, 10025 generates $2,716/mo in rent and, after a $1,958/mo payment, leaves $45/mo in cash flow. Total monthly income is $2,716/mo, and annual cash flow is $537/yr on $132,592 invested. Return on cash invested sits at 20.31% in year one, and rental yield is 8.15% on a $399,975 entry. Equity gained on principal adds $2,581/yr, while 5% annual appreciation builds toward $110,506 over five years. Five-year ROI reaches 105.65% and total cumulative return in cash sums $140,084. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,716/mo property income rather than buyer’s personal income.
Condo
Built in 1929
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10025, New York, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 50,583 (100%) |
| Owner Occupied HU | 12,664 (25.0%) |
| Renter Occupied HU | 32,855 (65.0%) |
| Vacant Housing Units | 5,064 (10.0%) |
| Median Home Value | $1,201,143 |
| Average Home Value | $1,313,684 |
Housing Distribution
Address Breakdown
Residential
44,624
Single Family
320
Multi-Family
44,304
Businesses
1,430
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices