160 Wea UNIT 12MNew YorkNY10023
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 Wea UNIT 12M, New York, NY, 10023 offers a 9.96% rental yield on a $527,000 purchase with $4,374/mo rent. Total monthly income registers $4,374/mo, and a $2,579/mo payment leaves $855/mo available for distribution. Annual cash flow reaches $10,262/yr on $173,383 to close, and return on cash invested stands at 25.98% in year one. Equity gained on principal adds $3,401/yr while 5% annual appreciation supports $145,600 over five years. Portfolio math shows five-year ROI at 136.03% and total cumulative return in cash at $235,849. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,374/mo property income against a $2,579/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1963
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10023, New York, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 44,765 (100%) |
| Owner Occupied HU | 13,628 (30.4%) |
| Renter Occupied HU | 23,478 (52.4%) |
| Vacant Housing Units | 7,659 (17.1%) |
| Median Home Value | $1,614,455 |
| Average Home Value | $1,528,815 |
Housing Distribution
Address Breakdown
Residential
39,952
Single Family
230
Multi-Family
39,722
Businesses
1,615
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices