








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 501 W 123rd St APT 18-G, New York, NY, 10027 generates $4,798/mo in rent, after a $3,793/mo payment. Total monthly income is $4,798/mo. Return on cash invested sits at 8.68% in year one, and rental yield is 7.43% on a $775,000 entry. Equity gained on principal adds $5,001/yr, while 5% annual appreciation builds toward $214,118 over five years. Five-year ROI reaches 46.72% and total cumulative return in cash sums $119,119. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,798/mo property income rather than buyer’s personal income.
Condo
Built in N/A
N/A lot
$N/A/sqft
$2,041 monthly HOA
Neighborhood data shown for ZIP Code: 10027, New York, NY area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 28,400 (100%) |
| Owner Occupied HU | 3,911 (13.8%) |
| Renter Occupied HU | 22,251 (78.3%) |
| Vacant Housing Units | 2,238 ( 7.9%) |
| Median Home Value | $811,564 |
| Average Home Value | $1,055,089 |
Residential
25,725
Single Family
655
Multi-Family
25,070
Businesses
1,262
Date | Event | Price |
|---|---|---|
| 2025-02-04 | Listed for sale | $775,000 |
| 2024-08-30 | Listing removed | $795,000 |
| 2024-08-01 | Listed for sale | $795,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Jeffrey Edelson • Corcoran
Mls Name: StreetEasy
Mls ID: #S1752382