1948 Amsterdam AveNew YorkNY10032
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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 1948 Amsterdam Ave, New York, NY, 10032 projects strong ROI of 3.58%. Rental yield 2.57%. With 5% annual appreciation, the property builds $607,819 in value over five years. Equity growth combined delivers a projected five-year ROI of 15.82%, translating into $112,791 in total cumulative return on $712,800 invested capital. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.
Multi Family
Built in 1915
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10032, New York, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,269 (100%) |
| Owner Occupied HU | 1,998 ( 9.0%) |
| Renter Occupied HU | 18,781 (84.3%) |
| Vacant Housing Units | 1,490 ( 6.7%) |
| Median Home Value | $648,847 |
| Average Home Value | $729,167 |
Housing Distribution
Address Breakdown
Residential
22,002
Single Family
251
Multi-Family
21,751
Businesses
898
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