311 E 71st St APT 2BNew YorkNY10021
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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 311 E 71st St APT 2B, New York, NY, 10021 earns $1,052/mo cash flow from $5,012/mo rent with a $2,902/mo payment. Total monthly income totals $5,012/mo, and annual cash flow totals $12,630/yr on $195,097 capital. ROI tracks 26.53% on current figures, and rental yield reads 10.14% at a $593,000 purchase. Equity gained on principal adds $3,827/yr, and 5% annual appreciation supports $163,835 over five years. Five-year ROI reaches 138.98% and total cumulative return in cash sums $271,150. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,012/mo property income instead of your personal income.
Apartment
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10021, New York, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 28,344 (100%) |
| Owner Occupied HU | 10,240 (36.1%) |
| Renter Occupied HU | 14,054 (49.6%) |
| Vacant Housing Units | 4,050 (14.3%) |
| Median Home Value | $1,615,914 |
| Average Home Value | $1,531,995 |
Housing Distribution
Address Breakdown
Residential
23,098
Single Family
421
Multi-Family
22,677
Businesses
1,644
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