123 3rd Ave APT 3CNew YorkNY10003
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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 123 3rd Ave APT 3C, New York, NY, 10003 generates $6,932/mo in rent, after a $6,999/mo payment. Total monthly income is $6,932/mo. Return on cash invested sits at 10.74% in year one, and rental yield is 5.82% on a $1,430,000 entry. Equity gained on principal adds $9,228/yr, while 5% annual appreciation builds toward $395,083 over five years. Five-year ROI reaches 55.29% and total cumulative return in cash sums $256,170. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $6,932/mo property income rather than buyer’s personal income.
Condo
Built in 2010
N/A lot
$N/A/sqft
$1,099 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10003, New York, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 32,236 (100%) |
| Owner Occupied HU | 8,911 (27.6%) |
| Renter Occupied HU | 19,242 (59.7%) |
| Vacant Housing Units | 4,083 (12.7%) |
| Median Home Value | $1,114,519 |
| Average Home Value | $1,316,464 |
Housing Distribution
Address Breakdown
Residential
30,451
Single Family
507
Multi-Family
29,944
Businesses
2,754
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