








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in New York at 377 Rector Pl APT 5K, New York, NY, 10280 priced at $799,000 converts $7,848/mo rent into $1,218/mo cash flow after a $3,911/mo obligation. Total monthly income equals $7,848/mo, and annual cash flow totals $14,617/yr on $262,871 invested. Return on cash invested prints 25.62% in year one, and rental yield reads 11.79% against a $799,000 entry. Equity gained on principal adds $5,156/yr, while 5% annual appreciation compiles into $220,749 by year five. Five-year ROI reaches 136.24% and total cumulative return in cash sums $358,134. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $7,848/mo property income covering a $3,911/mo payment, not borrower’s personal income.
Condo
Built in 1985
N/A lot
$N/A/sqft
$1,294 monthly HOA
Neighborhood data shown for ZIP Code: 10280, New York, NY area.
| 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 |
Residential
4,842
Single Family
0
Multi-Family
4,842
Businesses
61
Date | Event | Price |
|---|---|---|
| 2024-07-26 | Price change | $799,000 |
| 2024-06-18 | Listed for sale | $835,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-09-15 | N/A | N/A | $132,849 | 4.41% |
| 2022-09-15 | N/A | N/A | $127,236 | 8.32% |
| 2021-09-15 | N/A | N/A | $117,458 | -9.68% |



Listed by: Len Bromberg - Licensed Real Estate Broker • Balen Real Estate, LLC
Mls Name: StreetEasy
Mls ID: #1722689