231 W 148th St APT 4JNew YorkNY10039
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 231 W 148th St APT 4J, New York, NY, 10039 listed at $634,800 pairs $5,216/mo rent with a $3,107/mo payment to leave $977/mo cash flow. Total monthly income runs $5,216/mo, and annual cash flow reaches $11,723/yr on $208,849 cash to close. Return on cash invested measures 25.67% in year one, and rental yield registers 9.86% at a $634,800 basis. Equity gained on principal adds $4,096/yr, and annual property appreciation at 5% supports $175,384 by year five. Five-year ROI tracks 134.36% and total cumulative return in cash totals $280,614. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,216/mo property income relative to a $3,107/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1920
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10039, New York, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,328 (100%) |
| Owner Occupied HU | 2,128 (16.0%) |
| Renter Occupied HU | 10,579 (79.4%) |
| Vacant Housing Units | 621 ( 4.7%) |
| Median Home Value | $543,226 |
| Average Home Value | $523,594 |
Housing Distribution
Address Breakdown
Residential
11,592
Single Family
14
Multi-Family
11,578
Businesses
318
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices