23 Waverly Pl APT 4GNew YorkNY10003
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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
Rental property for sale in New York at 23 Waverly Pl APT 4G, New York, NY, 10003 priced at $650,000 converts $8,076/mo rent into $2,335/mo cash flow after a $3,181/mo obligation. Total monthly income equals $8,076/mo, and annual cash flow totals $28,018/yr on $213,850 invested. Return on cash invested prints 33.16% in year one, and rental yield reads 14.91% against a $650,000 entry. Equity gained on principal adds $4,194/yr, while 5% annual appreciation compiles into $179,583 by year five. Five-year ROI reaches 177.37% and total cumulative return in cash sums $379,298. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $8,076/mo property income covering a $3,181/mo payment, not borrower’s personal income.
Condo
Built in 1891
N/A lot
$N/A/sqft
$1,401 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10003, New York, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 32,236 (100%) |
| Owner Occupied HU | 8,911 (27.6%) |
| Renter Occupied HU | 19,242 (59.7%) |
| Vacant Housing Units | 4,083 (12.7%) |
| Median Home Value | $1,114,519 |
| Average Home Value | $1,316,464 |
Housing Distribution
Address Breakdown
Residential
30,451
Single Family
507
Multi-Family
29,944
Businesses
2,754
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