310 W 114th St #5New YorkNY10026
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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 310 W 114th St #5, New York, NY, 10026 generates $6,410/mo in rent and, after a $4,011/mo payment, leaves $381/mo in cash flow. Total monthly income is $6,410/mo, and annual cash flow is $4,567/yr on $269,616 invested. Return on cash invested sits at 21.75% in year one, and rental yield is 9.39% on a $819,500 entry. Equity gained on principal adds $5,288/yr, while 5% annual appreciation builds toward $226,413 over five years. Five-year ROI reaches 114.25% and total cumulative return in cash sums $308,038. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $6,410/mo property income rather than buyer’s personal income.
Condo
Built in 2015
N/A lot
$N/A/sqft
$557 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10026, New York, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,540 (100%) |
| Owner Occupied HU | 3,184 (18.2%) |
| Renter Occupied HU | 13,084 (74.6%) |
| Vacant Housing Units | 1,272 ( 7.3%) |
| Median Home Value | $1,037,960 |
| Average Home Value | $1,157,201 |
Housing Distribution
Address Breakdown
Residential
15,866
Single Family
333
Multi-Family
15,533
Businesses
565
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