509 W 122nd St APT 14New YorkNY10027
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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
Rental property for sale in New York at 509 W 122nd St APT 14, New York, NY, 10027 generates $6,098/mo in rent and, after a $3,079/mo payment, leaves $904/mo in cash flow. Total monthly income is $6,098/mo, and annual cash flow is $10,851/yr on $206,941 invested. Return on cash invested sits at 25.3% in year one, and rental yield is 11.63% on a $629,000 entry. Equity gained on principal adds $4,059/yr, while 5% annual appreciation builds toward $173,781 over five years. Five-year ROI reaches 134.48% and total cumulative return in cash sums $278,301. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $6,098/mo property income rather than buyer’s personal income.
Condo
Built in 1907
N/A lot
$N/A/sqft
$993 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10027, New York, NY area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
25,725
Single Family
655
Multi-Family
25,070
Businesses
1,262
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