319 W 89th St APT 1New YorkNY10024
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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 319 W 89th St APT 1, New York, NY, 10024 priced at $1,437,300 pairs $5,046/mo rent with after a $7,035/mo payment. Total monthly income equals $5,046/mo. Return on cash invested is 8.64% in year one, and rental yield stands at 4.21% on a $1,437,300 basis. Equity gained on principal adds $9,275/yr, and 5% annual appreciation accumulates to $397,099 by year five. Five-year ROI measures 42.97% and total cumulative return in cash reaches $200,082. For financing, Ziffy Mortgage’s DSCR program evaluates $5,046/mo property income against a $7,035/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1910
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10024, New York, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 34,255 (100%) |
| Owner Occupied HU | 10,791 (31.5%) |
| Renter Occupied HU | 19,161 (55.9%) |
| Vacant Housing Units | 4,303 (12.6%) |
| Median Home Value | $1,690,841 |
| Average Home Value | $1,553,022 |
Housing Distribution
Address Breakdown
Residential
28,850
Single Family
562
Multi-Family
28,288
Businesses
1,102
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