201 W 70th St APT 8ENew 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 201 W 70th St APT 8E, New York, NY, 10023 earns $1,235/mo cash flow from $7,367/mo rent with a $3,375/mo payment. Total monthly income totals $7,367/mo, and annual cash flow totals $14,825/yr on $226,846 capital. ROI tracks 26.6% on current figures, and rental yield reads 12.82% at a $689,500 purchase. Equity gained on principal adds $4,449/yr, and 5% annual appreciation supports $190,496 over five years. Five-year ROI reaches 142.25% and total cumulative return in cash sums $322,687. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $7,367/mo property income instead of your personal income.
Condo
Built in 1971
N/A lot
$N/A/sqft
$1,527 monthly 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