40 W 116th St UNIT PHA-1208New YorkNY10026
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 W 116th St UNIT PHA-1208, New York, NY, 10026 earns from $4,560/mo rent with a $6,485/mo payment. Total monthly income totals $4,560/mo. ROI tracks 8.38% on current figures, and rental yield reads 4.13% at a $1,325,000 purchase. Equity gained on principal adds $8,550/yr, and 5% annual appreciation supports $366,073 over five years. Five-year ROI reaches 41.61% and total cumulative return in cash sums $178,624. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,560/mo property income instead of your personal income.
Condo
Built in 2006
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10026, New York, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,540 (100%) |
| Owner Occupied HU | 3,184 (18.2%) |
| Renter Occupied HU | 13,084 (74.6%) |
| Vacant Housing Units | 1,272 ( 7.3%) |
| Median Home Value | $1,037,960 |
| Average Home Value | $1,157,201 |
Housing Distribution
Address Breakdown
Residential
15,866
Single Family
333
Multi-Family
15,533
Businesses
565
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices