380 Lenox Ave APT 8DNew YorkNY10027
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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 380 Lenox Ave APT 8D, New York, NY, 10027 earns from $7,650/mo rent with a $9,104/mo payment. Total monthly income totals $7,650/mo. ROI tracks 10.87% on current figures, and rental yield reads 4.94% at a $1,860,000 purchase. Equity gained on principal adds $12,002/yr, and 5% annual appreciation supports $513,884 over five years. Five-year ROI reaches 54.92% and total cumulative return in cash sums $330,993. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $7,650/mo property income instead of your personal income.
Condo
Built in 2005
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10027, New York, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 28,400 (100%) |
| Owner Occupied HU | 3,911 (13.8%) |
| Renter Occupied HU | 22,251 (78.3%) |
| Vacant Housing Units | 2,238 ( 7.9%) |
| Median Home Value | $811,564 |
| Average Home Value | $1,055,089 |
Housing Distribution
Address Breakdown
Residential
25,725
Single Family
655
Multi-Family
25,070
Businesses
1,262
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