343 E 74th St APT 11DNew YorkNY10021
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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 343 E 74th St APT 11D, New York, NY, 10021 generates $4,435/mo in rent and, after a $2,687/mo payment, leaves $769/mo in cash flow. Total monthly income is $4,435/mo, and annual cash flow is $9,227/yr on $180,621 invested. Return on cash invested sits at 25.17% in year one, and rental yield is 9.69% on a $549,000 entry. Equity gained on principal adds $3,543/yr, while 5% annual appreciation builds toward $151,679 over five years. Five-year ROI reaches 131.65% and total cumulative return in cash sums $237,788. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,435/mo property income rather than buyer’s personal income.
Condo
Built in 1987
500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10021, New York, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 28,344 (100%) |
| Owner Occupied HU | 10,240 (36.1%) |
| Renter Occupied HU | 14,054 (49.6%) |
| Vacant Housing Units | 4,050 (14.3%) |
| Median Home Value | $1,615,914 |
| Average Home Value | $1,531,995 |
Housing Distribution
Address Breakdown
Residential
23,098
Single Family
421
Multi-Family
22,677
Businesses
1,644
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