311 E 83rd St APT BNew YorkNY10028
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
Investment property for sale in New York at 311 E 83rd St APT B, New York, NY, 10028 earns from $6,467/mo rent with a $9,520/mo payment. Total monthly income totals $6,467/mo. ROI tracks 7.95% on current figures, and rental yield reads 3.99% at a $1,945,000 purchase. Equity gained on principal adds $12,551/yr, and 5% annual appreciation supports $537,368 over five years. Five-year ROI reaches 39.28% and total cumulative return in cash sums $247,519. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $6,467/mo property income instead of your personal income.
Condo
Built in 1978
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10028, New York, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 32,095 (100%) |
| Owner Occupied HU | 9,665 (30.1%) |
| Renter Occupied HU | 18,906 (58.9%) |
| Vacant Housing Units | 3,524 (11.0%) |
| Median Home Value | $1,425,000 |
| Average Home Value | $1,438,888 |
Housing Distribution
Address Breakdown
Residential
24,985
Single Family
285
Multi-Family
24,700
Businesses
1,338
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices