399 E 72nd St APT 14DNew YorkNY10021
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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 399 E 72nd St APT 14D, New York, NY, 10021 uses $218,785 cash to close to unlock $15,349/yr annual cash flow and $1,279/mo monthly cash flow. Total monthly income runs $5,720/mo, and a $3,255/mo payment keeps the spread at $1,279/mo. Purchase price stands at $665,000, and rental yield measures 10.32% with $5,720/mo rent. Return on cash invested shows 27.08% in year one, and 5% annual appreciation builds toward $183,727 over five years. Five-year ROI reaches 141.9% and total cumulative return in cash records $310,459. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,720/mo property income covering a $3,255/mo payment rather than investor’s personal income.
Condo
Built in 1961
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10021, New York, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 28,344 (100%) |
| Owner Occupied HU | 10,240 (36.1%) |
| Renter Occupied HU | 14,054 (49.6%) |
| Vacant Housing Units | 4,050 (14.3%) |
| Median Home Value | $1,615,914 |
| Average Home Value | $1,531,995 |
Housing Distribution
Address Breakdown
Residential
23,098
Single Family
421
Multi-Family
22,677
Businesses
1,644
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