61 Lenox Ave #5ANew 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
Rental property for sale in New York at 61 Lenox Ave #5A, New York, NY, 10026 priced at $1,499,000 pairs $6,166/mo rent with after a $7,337/mo payment. Total monthly income equals $6,166/mo. Return on cash invested is 7.68% in year one, and rental yield stands at 4.94% on a $1,499,000 basis. Equity gained on principal adds $9,673/yr, and 5% annual appreciation accumulates to $414,146 by year five. Five-year ROI measures 38.99% and total cumulative return in cash reaches $189,345. For financing, Ziffy Mortgage’s DSCR program evaluates $6,166/mo property income against a $7,337/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1900
N/A lot
$N/A/sqft
$1,291 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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