230 Central Park W APT 6HNew 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 230 Central Park W APT 6H, New York, NY, 10024 with 5% annual appreciation on a $495,000 basis while $7,164/mo rent supports operations. Total monthly income totals $7,164/mo and a $2,423/mo payment preserves $3,118/mo for cash returns. Annual cash flow comes to $37,419/yr on $164,093 deployed, and return on cash invested reaches 42.71% in year one. Equity gained on principal adds $3,194/yr, and five-year appreciation sums $136,759 alongside rental yield of 17.37%. Five-year ROI measures 227.75% and total cumulative return in cash totals $373,714.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $7,164/mo property income versus a $2,423/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 1929
N/A lot
$N/A/sqft
$740 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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