98 Park Ter E APT 3ANew 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
Total monthly income runs $3,350/mo, and a $1,703/mo payment. Purchase price stands at $348,000, and rental yield measures 11.55% with $3,350/mo rent. Return on cash invested shows 17.97% in year one, and 5% annual appreciation builds toward $96,146 over five years. Five-year ROI reaches 97.66% and total cumulative return in cash records $112,666. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,350/mo property income covering a $1,703/mo payment rather than investor’s personal income.
Condo
Built in 1949
N/A lot
$N/A/sqft
$1,213 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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