66 Madison Ave #1-DNew YorkNY10016
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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 66 Madison Ave #1-D, New York, NY, 10016 priced at $599,000 pairs $3,714/mo rent with after a $2,932/mo payment. Total monthly income equals $3,714/mo. Return on cash invested is 18.32% in year one, and rental yield stands at 7.44% on a $599,000 basis. Equity gained on principal adds $3,865/yr, and 5% annual appreciation accumulates to $165,493 by year five. Five-year ROI measures 94.92% and total cumulative return in cash reaches $187,066. For financing, Ziffy Mortgage’s DSCR program evaluates $3,714/mo property income against a $2,932/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1910
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10016, New York, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 41,052 (100%) |
| Owner Occupied HU | 8,730 (21.3%) |
| Renter Occupied HU | 26,763 (65.2%) |
| Vacant Housing Units | 5,559 (13.5%) |
| Median Home Value | $1,031,364 |
| Average Home Value | $1,209,032 |
Housing Distribution
Address Breakdown
Residential
37,372
Single Family
320
Multi-Family
37,052
Businesses
3,608
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