552 Riverside Dr APT 3FNew YorkNY10027
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 552 Riverside Dr APT 3F, New York, NY, 10027 priced at $415,000 converts $5,808/mo rent into $1,880/mo cash flow after a $2,031/mo obligation. Total monthly income equals $5,808/mo, and annual cash flow totals $22,559/yr on $137,573 invested. Return on cash invested prints 36.31% in year one, and rental yield reads 16.79% against a $415,000 entry. Equity gained on principal adds $2,678/yr, while 5% annual appreciation compiles into $114,657 by year five. Five-year ROI reaches 195.06% and total cumulative return in cash sums $268,353. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,808/mo property income covering a $2,031/mo payment, not borrower’s personal income.
Condo
Built in 1910
N/A lot
$N/A/sqft
$1,157 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices