70 Park Ter W #E28New YorkNY10034
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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
Investment property for sale in New York at 70 Park Ter W #E28, New York, NY, 10034 with 5% annual appreciation on a $599,900 basis while $5,818/mo rent supports operations. Total monthly income totals $5,818/mo and a $2,936/mo payment preserves $127/mo for cash returns. Annual cash flow comes to $1,526/yr on $197,367 deployed, and return on cash invested reaches 20.83% in year one. Equity gained on principal adds $3,871/yr, and five-year appreciation sums $165,741 alongside rental yield of 11.64%. Five-year ROI measures 112.14% and total cumulative return in cash totals $221,332.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $5,818/mo property income versus a $2,936/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 1939
N/A lot
$N/A/sqft
$1,685 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10034, New York, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,224 (100%) |
| Owner Occupied HU | 1,656 (10.2%) |
| Renter Occupied HU | 13,812 (85.1%) |
| Vacant Housing Units | 756 ( 4.7%) |
| Median Home Value | $542,449 |
| Average Home Value | $580,064 |
Housing Distribution
Address Breakdown
Residential
15,595
Single Family
179
Multi-Family
15,416
Businesses
770
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