225 W 83rd St APT 7CNew YorkNY10024
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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 225 W 83rd St APT 7C, New York, NY, 10024 earns $254/mo cash flow from $7,724/mo rent with a $4,743/mo payment. Total monthly income totals $7,724/mo, and annual cash flow totals $3,047/yr on $318,801 capital. ROI tracks 21.02% on current figures, and rental yield reads 9.57% at a $969,000 purchase. Equity gained on principal adds $6,253/yr, and 5% annual appreciation supports $267,717 over five years. Five-year ROI reaches 110.74% and total cumulative return in cash sums $353,055. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $7,724/mo property income instead of your personal income.
Condo
Built in 1985
N/A lot
$N/A/sqft
$999 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10024, New York, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 34,255 (100%) |
| Owner Occupied HU | 10,791 (31.5%) |
| Renter Occupied HU | 19,161 (55.9%) |
| Vacant Housing Units | 4,303 (12.6%) |
| Median Home Value | $1,690,841 |
| Average Home Value | $1,553,022 |
Housing Distribution
Address Breakdown
Residential
28,850
Single Family
562
Multi-Family
28,288
Businesses
1,102
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