212 E 48th St APT 5ANew YorkNY10017
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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 212 E 48th St APT 5A, New York, NY, 10017 earns $1,435/mo cash flow from $6,410/mo rent with a $3,646/mo payment. Total monthly income totals $6,410/mo, and annual cash flow totals $17,225/yr on $245,105 capital. ROI tracks 27.09% on current figures, and rental yield reads 10.32% at a $745,000 purchase. Equity gained on principal adds $4,807/yr, and 5% annual appreciation supports $205,830 over five years. Five-year ROI reaches 141.96% and total cumulative return in cash sums $347,948. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $6,410/mo property income instead of your personal income.
Condo
Built in 1924
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10017, New York, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,285 (100%) |
| Owner Occupied HU | 3,713 (27.9%) |
| Renter Occupied HU | 7,419 (55.8%) |
| Vacant Housing Units | 2,153 (16.2%) |
| Median Home Value | $795,643 |
| Average Home Value | $1,007,195 |
Housing Distribution
Address Breakdown
Residential
12,099
Single Family
49
Multi-Family
12,050
Businesses
3,212
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