404 E 76th St APT 4MNew 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 404 E 76th St APT 4M, New York, NY, 10021 uses $203,980 cash to close to unlock $7,360/yr annual cash flow and $613/mo monthly cash flow. Total monthly income runs $4,754/mo, and a $3,035/mo payment keeps the spread at $613/mo. Purchase price stands at $620,000, and rental yield measures 9.2% with $4,754/mo rent. Return on cash invested shows 23.67% in year one, and 5% annual appreciation builds toward $171,295 over five years. Five-year ROI reaches 123.63% and total cumulative return in cash records $252,171. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,754/mo property income covering a $3,035/mo payment rather than investor’s personal income.
Condo
Built in 1999
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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