124 W 24th St APT 2CNew YorkNY10011
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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 124 W 24th St APT 2C, New York, NY, 10011 earns $1,220/mo cash flow from $6,017/mo rent with a $1,821/mo payment. Total monthly income totals $6,017/mo, and annual cash flow totals $14,642/yr on $123,325 capital. ROI tracks 31.78% on current figures, and rental yield reads 19.41% at a $372,021 purchase. Equity gained on principal adds $2,401/yr, and 5% annual appreciation supports $102,783 over five years. Five-year ROI reaches 175.34% and total cumulative return in cash sums $216,244. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $6,017/mo property income instead of your personal income.
Condo
Built in 1920
6,583 sqft lot
$N/A/sqft
$1,046 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10011, New York, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 34,957 (100%) |
| Owner Occupied HU | 10,815 (30.9%) |
| Renter Occupied HU | 19,813 (56.7%) |
| Vacant Housing Units | 4,329 (12.4%) |
| Median Home Value | $1,184,111 |
| Average Home Value | $1,321,727 |
Housing Distribution
Address Breakdown
Residential
32,777
Single Family
554
Multi-Family
32,223
Businesses
2,828
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