313 W 121st St #PENTHOUSENew 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 313 W 121st St #PENTHOUSE, New York, NY, 10027 generates $5,579/mo in rent, after a $8,296/mo payment. Total monthly income is $5,579/mo. Return on cash invested sits at 7.83% in year one, and rental yield is 3.95% on a $1,695,000 entry. Equity gained on principal adds $10,938/yr, while 5% annual appreciation builds toward $468,297 over five years. Five-year ROI reaches 38.62% and total cumulative return in cash sums $212,085. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,579/mo property income rather than buyer’s personal income.
Condo
Built in 2019
N/A lot
$N/A/sqft
No 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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