736 W 187th St APT 507New YorkNY10033
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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 736 W 187th St APT 507, New York, NY, 10033 uses $229,971 cash to close to unlock $4,229/yr annual cash flow and $352/mo monthly cash flow. Total monthly income runs $5,020/mo, and a $3,421/mo payment keeps the spread at $352/mo. Purchase price stands at $699,000, and rental yield measures 8.62% with $5,020/mo rent. Return on cash invested shows 21.9% in year one, and 5% annual appreciation builds toward $193,121 over five years. Five-year ROI reaches 114.14% and total cumulative return in cash records $262,490. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,020/mo property income covering a $3,421/mo payment rather than investor’s personal income.
Condo
Built in 2005
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10033, New York, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,597 (100%) |
| Owner Occupied HU | 2,458 (11.9%) |
| Renter Occupied HU | 16,834 (81.7%) |
| Vacant Housing Units | 1,305 ( 6.3%) |
| Median Home Value | $724,865 |
| Average Home Value | $860,463 |
Housing Distribution
Address Breakdown
Residential
19,434
Single Family
150
Multi-Family
19,284
Businesses
944
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