








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in New York at 71 Nassau St APT 8B, New York, NY, 10038 generates $7,900/mo in rent and, after a $4,155/mo payment, leaves $731/mo in cash flow. Total monthly income is $7,900/mo, and annual cash flow is $8,771/yr on $279,321 invested. Return on cash invested sits at 23.2% in year one, and rental yield is 11.17% on a $849,000 entry. Equity gained on principal adds $5,478/yr, while 5% annual appreciation builds toward $234,563 over five years. Five-year ROI reaches 123.43% and total cumulative return in cash sums $344,768. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $7,900/mo property income rather than buyer’s personal income.
Condo
Built in 1906
N/A lot
$N/A/sqft
$1,500 monthly HOA
Neighborhood data shown for ZIP Code: 10038, New York, NY area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,600 (100%) |
| Owner Occupied HU | 2,863 (21.1%) |
| Renter Occupied HU | 8,937 (65.7%) |
| Vacant Housing Units | 1,800 (13.2%) |
| Median Home Value | $894,071 |
| Average Home Value | $1,101,949 |
Residential
13,418
Single Family
55
Multi-Family
13,363
Businesses
1,334
Date | Event | Price |
|---|---|---|
| 2024-05-15 | Listed for sale | $849,000 |
| 2023-03-08 | Listing removed | N/A |
| 2023-02-21 | Listing removed | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Kemdi Anosike - Licensed Real Estate Salesperson • Compass
Mls Name: StreetEasy
Mls ID: #1717024