170 W 23rd St APT 6NNew 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 170 W 23rd St APT 6N, New York, NY, 10011 uses $294,455 cash to close to unlock $10,919/yr annual cash flow and $910/mo monthly cash flow. Total monthly income runs $6,887/mo, and a $4,381/mo payment keeps the spread at $910/mo. Purchase price stands at $895,000, and rental yield measures 9.23% with $6,887/mo rent. Return on cash invested shows 23.77% in year one, and 5% annual appreciation builds toward $247,272 over five years. Five-year ROI reaches 124.15% and total cumulative return in cash records $365,558. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $6,887/mo property income covering a $4,381/mo payment rather than investor’s personal income.
Condo
Built in 1973
N/A lot
$N/A/sqft
No 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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