40 Pinehurst Ave UNIT PH8BNew YorkNY10033
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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 40 Pinehurst Ave UNIT PH8B, New York, NY, 10033 offers a 4.62% rental yield on a $1,218,000 purchase with $4,686/mo rent. 16% in year one. Equity gained on principal adds $7,860/yr while 5% annual appreciation supports $336,511 over five years. Portfolio math shows five-year ROI at 36.03% and total cumulative return in cash at $142,199. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,686/mo property income against a $5,962/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2018
N/A lot
$N/A/sqft
$895 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10033, New York, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,597 (100%) |
| Owner Occupied HU | 2,458 (11.9%) |
| Renter Occupied HU | 16,834 (81.7%) |
| Vacant Housing Units | 1,305 ( 6.3%) |
| Median Home Value | $724,865 |
| Average Home Value | $860,463 |
Housing Distribution
Address Breakdown
Residential
19,434
Single Family
150
Multi-Family
19,284
Businesses
944
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