775 Riverside Dr APT 6BNew YorkNY10032
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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 775 Riverside Dr APT 6B, New York, NY, 10032 generates $2,946/mo in rent and, after a $615/mo payment, leaves $2,107/mo in cash flow. Total monthly income is $2,946/mo, and annual cash flow is $25,284/yr on $41,645 invested. Return on cash invested sits at 80.62% in year one, and rental yield is 28.14% on a $125,627 entry. Equity gained on principal adds $811/yr, while 5% annual appreciation builds toward $34,708 over five years. Five-year ROI reaches 429.05% and total cumulative return in cash sums $178,678. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,946/mo property income rather than buyer’s personal income.
Apartment
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10032, New York, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,269 (100%) |
| Owner Occupied HU | 1,998 ( 9.0%) |
| Renter Occupied HU | 18,781 (84.3%) |
| Vacant Housing Units | 1,490 ( 6.7%) |
| Median Home Value | $648,847 |
| Average Home Value | $729,167 |
Housing Distribution
Address Breakdown
Residential
22,002
Single Family
251
Multi-Family
21,751
Businesses
898
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