230 Riverside Dr APT 3KNew YorkNY10025
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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 230 Riverside Dr APT 3K, New York, NY, 10025 priced at $809,000 converts $5,148/mo rent into after a $3,960/mo obligation. Total monthly income equals $5,148/mo. Return on cash invested prints 14.76% in year one, and rental yield reads 7.64% against a $809,000 entry. Equity gained on principal adds $5,220/yr, while 5% annual appreciation compiles into $223,512 by year five. Five-year ROI reaches 77.35% and total cumulative return in cash sums $205,885. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,148/mo property income covering a $3,960/mo payment, not borrower’s personal income.
Condo
Built in 1931
N/A lot
$N/A/sqft
$921 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10025, New York, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 50,583 (100%) |
| Owner Occupied HU | 12,664 (25.0%) |
| Renter Occupied HU | 32,855 (65.0%) |
| Vacant Housing Units | 5,064 (10.0%) |
| Median Home Value | $1,201,143 |
| Average Home Value | $1,313,684 |
Housing Distribution
Address Breakdown
Residential
44,624
Single Family
320
Multi-Family
44,304
Businesses
1,430
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