320 W 87th St APT 32ManhattanNY10024
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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 Manhattan at 320 W 87th St APT 32, Manhattan, NY, 10024 earns $624/mo cash flow from $10,751/mo rent with a $5,873/mo payment. Total monthly income totals $10,751/mo, and annual cash flow totals $7,488/yr on $388,798 capital. ROI tracks 22.3% on current figures, and rental yield reads 10.75% at a $1,199,995 purchase. Equity gained on principal adds $7,743/yr, and 5% annual appreciation supports $331,536 over five years. Five-year ROI reaches 118.57% and total cumulative return in cash sums $461,014. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $10,751/mo property income instead of your personal income.
Condo
Built in 1912
N/A lot
$N/A/sqft
$2,114 monthly 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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