345 E 86th St APT 10FManhattanNY10028
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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 Manhattan at 345 E 86th St APT 10F, Manhattan, NY, 10028 generates $7,691/mo in rent and, after a $4,234/mo payment, leaves $81/mo in cash flow. Total monthly income is $7,691/mo, and annual cash flow is $977/yr on $284,585 invested. Return on cash invested sits at 20.4% in year one, and rental yield is 10.67% on a $865,000 entry. Equity gained on principal adds $5,582/yr, while 5% annual appreciation builds toward $238,984 over five years. Five-year ROI reaches 108.91% and total cumulative return in cash sums $309,951. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $7,691/mo property income rather than buyer’s personal income.
Condo
Built in 1971
N/A lot
$N/A/sqft
$1,833 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10028, New York, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 32,095 (100%) |
| Owner Occupied HU | 9,665 (30.1%) |
| Renter Occupied HU | 18,906 (58.9%) |
| Vacant Housing Units | 3,524 (11.0%) |
| Median Home Value | $1,425,000 |
| Average Home Value | $1,438,888 |
Housing Distribution
Address Breakdown
Residential
24,985
Single Family
285
Multi-Family
24,700
Businesses
1,338
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