517 W 29th St APT 2ANew YorkNY10001
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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 517 W 29th St APT 2A, New York, NY, 10001 offers a 4.01% rental yield on a $1,395,000 purchase with $4,662/mo rent. 01% in year one. Equity gained on principal adds $9,002/yr while 5% annual appreciation supports $385,413 over five years. Portfolio math shows five-year ROI at 39.62% and total cumulative return in cash at $179,074. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,662/mo property income against a $6,828/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2021
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10001, New York, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,863 (100%) |
| Owner Occupied HU | 3,468 (17.5%) |
| Renter Occupied HU | 13,783 (69.4%) |
| Vacant Housing Units | 2,612 (13.2%) |
| Median Home Value | $797,546 |
| Average Home Value | $997,143 |
Housing Distribution
Address Breakdown
Residential
18,242
Single Family
154
Multi-Family
18,088
Businesses
5,930
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