530 Manhattan Ave APT 5New 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 530 Manhattan Ave APT 5, New York, NY, 10027 priced at $330,000 converts $2,321/mo rent into after a $1,615/mo obligation. Total monthly income equals $2,321/mo. Return on cash invested prints 13.4% in year one, and rental yield reads 8.44% against a $330,000 entry. Equity gained on principal adds $2,129/yr, while 5% annual appreciation compiles into $91,173 by year five. Five-year ROI reaches 71.4% and total cumulative return in cash sums $78,107. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,321/mo property income covering a $1,615/mo payment, not borrower’s personal income.
Condo
Built in 1912
N/A lot
$N/A/sqft
$711 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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