








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in New York at 407 E 87th St APT 3C, New York, NY, 10128 generates $1,953/mo in rent and, after a $1,346/mo payment, leaves $117/mo in cash flow. Total monthly income is $1,953/mo, and annual cash flow is $1,399/yr on $91,163 invested. Return on cash invested sits at 21.44% in year one, and rental yield is 8.52% on a $275,000 entry. Equity gained on principal adds $1,775/yr, while 5% annual appreciation builds toward $75,977 over five years. Five-year ROI reaches 111.72% and total cumulative return in cash sums $101,843. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,953/mo property income rather than buyer’s personal income.
Condo
Built in 1920
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 10128, New York, NY area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 34,000 (100%) |
| Owner Occupied HU | 10,217 (30.0%) |
| Renter Occupied HU | 20,689 (60.8%) |
| Vacant Housing Units | 3,094 ( 9.1%) |
| Median Home Value | $1,343,678 |
| Average Home Value | $1,415,704 |
Residential
32,173
Single Family
430
Multi-Family
31,743
Businesses
1,113
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Joann Schwimmer • Sotheby's International Realty
Mls Name: StreetEasy
Mls ID: #S1800664