380 Rector Pl 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 380 Rector Pl APT 8A, New York, NY, 10280 offers a 3.82% rental yield on a $1,550,000 purchase with $4,934/mo rent. 43% in year one. Equity gained on principal adds $10,002/yr while 5% annual appreciation supports $428,236 over five years. Portfolio math shows five-year ROI at 36.47% and total cumulative return in cash at $183,133. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,934/mo property income against a $7,586/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1987
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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