120 W 70th St APT 9ANew YorkNY10023
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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 120 W 70th St APT 9A, New York, NY, 10023 at $1,300,000 posts ROI 48.87% with $10,004/mo cash flow from $22,565/mo rent. Total monthly income equals $22,565/mo, and annual cash flow records $120,044/yr on $421,200 to close. Return on cash invested measures 48.87% and rental yield reads 20.83% at the current $1,300,000. Equity gained on principal adds $8,389/yr, and 5% annual appreciation supports $359,166 by year five. Five-year ROI prints 262.71% and total cumulative return in cash totals $1,106,535.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $22,565/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1917
N/A lot
$N/A/sqft
$3,880 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10023, New York, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 44,765 (100%) |
| Owner Occupied HU | 13,628 (30.4%) |
| Renter Occupied HU | 23,478 (52.4%) |
| Vacant Housing Units | 7,659 (17.1%) |
| Median Home Value | $1,614,455 |
| Average Home Value | $1,528,815 |
Housing Distribution
Address Breakdown
Residential
39,952
Single Family
230
Multi-Family
39,722
Businesses
1,615
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