148 Madison St APT 7DNew yorkNY10002
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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 148 Madison St APT 7D, New york, NY, 10002 earns $1,688/mo cash flow from $7,364/mo rent with a $4,160/mo payment. Total monthly income totals $7,364/mo, and annual cash flow totals $20,258/yr on $279,650 capital. ROI tracks 27.3% on current figures, and rental yield reads 10.4% at a $850,000 purchase. Equity gained on principal adds $5,485/yr, and 5% annual appreciation supports $234,839 over five years. Five-year ROI reaches 143.12% and total cumulative return in cash sums $400,246. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $7,364/mo property income instead of your personal income.
Condo
Built in 2002
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10002, New York, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 40,854 (100%) |
| Owner Occupied HU | 6,264 (15.3%) |
| Renter Occupied HU | 31,158 (76.3%) |
| Vacant Housing Units | 3,432 ( 8.4%) |
| Median Home Value | $821,930 |
| Average Home Value | $952,686 |
Housing Distribution
Address Breakdown
Residential
38,568
Single Family
2,061
Multi-Family
36,507
Businesses
2,805
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