350 Albany St APT 8ANew YorkNY10280
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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 350 Albany St APT 8A, New York, NY, 10280 earns $1,316/mo cash flow from $7,660/mo rent with a $4,650/mo payment. Total monthly income totals $7,660/mo, and annual cash flow totals $15,790/yr on $312,550 capital. ROI tracks 25.11% on current figures, and rental yield reads 9.68% at a $950,000 purchase. Equity gained on principal adds $6,130/yr, and 5% annual appreciation supports $262,467 over five years. Five-year ROI reaches 131.35% and total cumulative return in cash sums $410,546. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $7,660/mo property income instead of your personal income.
Condo
Built in 1986
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10280, New York, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,426 (100%) |
| Owner Occupied HU | 1,550 (28.6%) |
| Renter Occupied HU | 3,384 (62.4%) |
| Vacant Housing Units | 492 ( 9.1%) |
| Median Home Value | $1,096,026 |
| Average Home Value | $1,315,710 |
Housing Distribution
Address Breakdown
Residential
4,842
Single Family
0
Multi-Family
4,842
Businesses
61
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