507 W 111th St APT 41New YorkNY10025
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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 507 W 111th St APT 41, New York, NY, 10025 earns from $4,942/mo rent with a $4,135/mo payment. Total monthly income totals $4,942/mo. ROI tracks 10.3% on current figures, and rental yield reads 7.02% at a $844,755 purchase. Equity gained on principal adds $5,451/yr, and 5% annual appreciation supports $233,390 over five years. Five-year ROI reaches 54.37% and total cumulative return in cash sums $151,111. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,942/mo property income instead of your personal income.
Condo
Built in 1915
N/A lot
$N/A/sqft
$1,561 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10025, New York, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 50,583 (100%) |
| Owner Occupied HU | 12,664 (25.0%) |
| Renter Occupied HU | 32,855 (65.0%) |
| Vacant Housing Units | 5,064 (10.0%) |
| Median Home Value | $1,201,143 |
| Average Home Value | $1,313,684 |
Housing Distribution
Address Breakdown
Residential
44,624
Single Family
320
Multi-Family
44,304
Businesses
1,430
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