317 E 111th St #1DNew YorkNY10029
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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 317 E 111th St #1D, New York, NY, 10029 generates $3,343/mo in rent and, after a $707/mo payment, leaves $1,450/mo in cash flow. Total monthly income is $3,343/mo, and annual cash flow is $17,404/yr on $47,879 invested. Return on cash invested sits at 56.26% in year one, and rental yield is 27.78% on a $144,432 entry. Equity gained on principal adds $932/yr, while 5% annual appreciation builds toward $39,904 over five years. Five-year ROI reaches 306.89% and total cumulative return in cash sums $146,938. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,343/mo property income rather than buyer’s personal income.
Condo
Built in 2008
N/A lot
$N/A/sqft
$499 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10029, New York, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 35,868 (100%) |
| Owner Occupied HU | 2,780 ( 7.8%) |
| Renter Occupied HU | 30,957 (86.3%) |
| Vacant Housing Units | 2,131 ( 5.9%) |
| Median Home Value | $726,974 |
| Average Home Value | $903,820 |
Housing Distribution
Address Breakdown
Residential
33,613
Single Family
313
Multi-Family
33,300
Businesses
1,359
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