56 W 119th St APT 1BNew YorkNY10026
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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
Total monthly income runs $1,723/mo, and a $1,224/mo payment. Purchase price stands at $250,000, and rental yield measures 8.27% with $1,723/mo rent. Return on cash invested shows 9.82% in year one, and 5% annual appreciation builds toward $69,070 over five years. Five-year ROI reaches 53.35% and total cumulative return in cash records $44,218. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,723/mo property income covering a $1,224/mo payment rather than investor’s personal income.
Condo
Built in 1920
N/A lot
$N/A/sqft
$750 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10026, New York, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,540 (100%) |
| Owner Occupied HU | 3,184 (18.2%) |
| Renter Occupied HU | 13,084 (74.6%) |
| Vacant Housing Units | 1,272 ( 7.3%) |
| Median Home Value | $1,037,960 |
| Average Home Value | $1,157,201 |
Housing Distribution
Address Breakdown
Residential
15,866
Single Family
333
Multi-Family
15,533
Businesses
565
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