160 Riverside Dr APT 5CNew YorkNY10024
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 160 Riverside Dr APT 5C, New York, NY, 10024 offers a 3.71% rental yield on a $1,899,000 purchase with $5,871/mo rent. 31% in year one. Equity gained on principal adds $12,254/yr while 5% annual appreciation supports $524,659 over five years. Portfolio math shows five-year ROI at 0.73% and total cumulative return in cash at $4,513. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,871/mo property income against a $9,295/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1923
N/A lot
$N/A/sqft
$3,477 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10024, New York, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 34,255 (100%) |
| Owner Occupied HU | 10,791 (31.5%) |
| Renter Occupied HU | 19,161 (55.9%) |
| Vacant Housing Units | 4,303 (12.6%) |
| Median Home Value | $1,690,841 |
| Average Home Value | $1,553,022 |
Housing Distribution
Address Breakdown
Residential
28,850
Single Family
562
Multi-Family
28,288
Businesses
1,102
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices