448 E 87th St APT 3CNew YorkNY10028
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 448 E 87th St APT 3C, New York, NY, 10028 earns $3,115/mo cash flow from $6,024/mo rent with a $1,344/mo payment. Total monthly income totals $6,024/mo, and annual cash flow totals $37,386/yr on $90,997 capital. ROI tracks 60.99% on current figures, and rental yield reads 26.33% at a $274,500 purchase. Equity gained on principal adds $1,771/yr, and 5% annual appreciation supports $75,839 over five years. Five-year ROI reaches 328.97% and total cumulative return in cash sums $299,350. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $6,024/mo property income instead of your personal income.
Condo
Built in 1920
N/A lot
$N/A/sqft
$1,075 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10028, New York, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 32,095 (100%) |
| Owner Occupied HU | 9,665 (30.1%) |
| Renter Occupied HU | 18,906 (58.9%) |
| Vacant Housing Units | 3,524 (11.0%) |
| Median Home Value | $1,425,000 |
| Average Home Value | $1,438,888 |
Housing Distribution
Address Breakdown
Residential
24,985
Single Family
285
Multi-Family
24,700
Businesses
1,338
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices