515 E 88th St APT 2MNew YorkNY10128
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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 515 E 88th St APT 2M, New York, NY, 10128 earns $28/mo cash flow from $2,693/mo rent with a $1,953/mo payment. Total monthly income totals $2,693/mo, and annual cash flow totals $341/yr on $132,269 capital. ROI tracks 20.17% on current figures, and rental yield reads 8.1% at a $399,000 purchase. Equity gained on principal adds $2,575/yr, and 5% annual appreciation supports $110,236 over five years. Five-year ROI reaches 104.88% and total cumulative return in cash sums $138,722. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,693/mo property income instead of your personal income.
Condo
Built in 1920
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10128, New York, NY area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
32,173
Single Family
430
Multi-Family
31,743
Businesses
1,113
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