35 E 85th St APT 6FNew YorkNY10028
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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 35 E 85th St APT 6F, New York, NY, 10028 priced at $1,650,000 converts $16,243/mo rent into $1,981/mo cash flow after a $8,076/mo obligation. Total monthly income equals $16,243/mo, and annual cash flow totals $23,766/yr on $534,600 invested. Return on cash invested prints 24.82% in year one, and rental yield reads 11.81% against a $1,650,000 entry. Equity gained on principal adds $10,647/yr, while 5% annual appreciation compiles into $455,865 by year five. Five-year ROI reaches 132.35% and total cumulative return in cash sums $707,549. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $16,243/mo property income covering a $8,076/mo payment, not borrower’s personal income.
Condo
Built in 1959
N/A lot
$N/A/sqft
$3,244 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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