225 E 47th St APT 6G, New York, NY, 10017 | 9.48% Rental Yield

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225 E 47th St APT 6G, New York, NY, 10017 | 9.48% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Total monthly income runs $3,934/mo, and a $2,437/mo payment. Purchase price stands at $498,000, and rental yield measures 9.48% with $3,934/mo rent. Return on cash invested shows 17.01% in year one, and 5% annual appreciation builds toward $137,588 over five years. Five-year ROI reaches 90.57% and total cumulative return in cash records $149,524. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,934/mo property income covering a $2,437/mo payment rather than investor’s personal income.

Condo

Built in 1939

N/A lot

$N/A/sqft

$1,008 monthly HOA

More details about the property

Located in Midtown East on 47th Street between 2nd and 3rd Ave, 6G is an oversized, beautiful studio not to be missed. The unit features a large sunken living area, hard-wood flooring, high-ceilings and abundant storage. Rounding out the apartment is the windowed kitchen and windowed bathroom. The Winthrop is a well-run, pre-war, elevator building with a virtual doorman, laundry room in the basement and a live-in super. The building is conveniently located near Grand Central, the UN and plenty of excellent dining options. There's also a YMCA across the street with a swimming pool. Enjoy unlimited subletting after living for one year.

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