18 W 48th St APT 24BNew YorkNY10036
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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 18 W 48th St APT 24B, New York, NY, 10036 at $1,950,000 posts ROI 20.34% with from $14,992/mo rent. Total monthly income equals $14,992/mo. Return on cash invested measures 20.34% and rental yield reads 9.23% at the current $1,950,000. Equity gained on principal adds $12,583/yr, and 5% annual appreciation supports $538,749 by year five. Five-year ROI prints 107.09% and total cumulative return in cash totals $676,601. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $14,992/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 2005
N/A lot
$N/A/sqft
$1,985 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10036, New York, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,094 (100%) |
| Owner Occupied HU | 1,821 ( 8.2%) |
| Renter Occupied HU | 17,192 (77.8%) |
| Vacant Housing Units | 3,081 (13.9%) |
| Median Home Value | $1,328,629 |
| Average Home Value | $1,335,710 |
Housing Distribution
Address Breakdown
Residential
21,186
Single Family
110
Multi-Family
21,076
Businesses
5,329
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