880 W 181st St APT 4CNew 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 880 W 181st St APT 4C, New York, NY, 10033 offers a 11.94% rental yield on a $645,000 purchase with $6,416/mo rent. Total monthly income registers $6,416/mo, and a $3,157/mo payment leaves $821/mo available for distribution. Annual cash flow reaches $9,849/yr on $212,205 to close, and return on cash invested stands at 24.7% in year one. Equity gained on principal adds $4,162/yr while 5% annual appreciation supports $178,202 over five years. Portfolio math shows five-year ROI at 131.8% and total cumulative return in cash at $279,688. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $6,416/mo property income against a $3,157/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1916
N/A lot
$N/A/sqft
$1,288 monthly 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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