321 E 89th St APT 4BNew YorkNY10128
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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 New York at 321 E 89th St APT 4B, New York, NY, 10128 uses $91,163 cash to close to unlock $1,195/yr annual cash flow and $100/mo monthly cash flow. Total monthly income runs $1,936/mo, and a $1,346/mo payment keeps the spread at $100/mo. Purchase price stands at $275,000, and rental yield measures 8.45% with $1,936/mo rent. Return on cash invested shows 21.22% in year one, and 5% annual appreciation builds toward $75,977 over five years. Five-year ROI reaches 110.53% and total cumulative return in cash records $100,763. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,936/mo property income covering a $1,346/mo payment rather than investor’s personal income.
Condo
Built in 1950
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10128, New York, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 34,000 (100%) |
| Owner Occupied HU | 10,217 (30.0%) |
| Renter Occupied HU | 20,689 (60.8%) |
| Vacant Housing Units | 3,094 ( 9.1%) |
| Median Home Value | $1,343,678 |
| Average Home Value | $1,415,704 |
Housing Distribution
Address Breakdown
Residential
32,173
Single Family
430
Multi-Family
31,743
Businesses
1,113
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