150 W 51st St APT 1803New YorkNY10019
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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 150 W 51st St APT 1803, New York, NY, 10019 offers a 8.41% rental yield on a $545,000 purchase with $3,818/mo rent. Total monthly income registers $3,818/mo, and a $2,668/mo payment leaves $178/mo available for distribution. Annual cash flow reaches $2,137/yr on $179,305 to close, and return on cash invested stands at 21.25% in year one. Equity gained on principal adds $3,517/yr while 5% annual appreciation supports $150,573 over five years. Portfolio math shows five-year ROI at 110.68% and total cumulative return in cash at $198,456. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,818/mo property income against a $2,668/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1927
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10019, New York, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 35,231 (100%) |
| Owner Occupied HU | 4,717 (13.4%) |
| Renter Occupied HU | 24,438 (69.4%) |
| Vacant Housing Units | 6,076 (17.2%) |
| Median Home Value | $962,650 |
| Average Home Value | $1,201,466 |
Housing Distribution
Address Breakdown
Residential
31,630
Single Family
93
Multi-Family
31,537
Businesses
3,077
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