231 W 148th St APT 4KNew YorkNY10039
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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 231 W 148th St APT 4K, New York, NY, 10039 offers a 8% rental yield on a $485,000 purchase with $3,233/mo rent. 86% in year one. Equity gained on principal adds $3,130/yr while 5% annual appreciation supports $133,997 over five years. Portfolio math shows five-year ROI at 103.26% and total cumulative return in cash at $166,022. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,233/mo property income against a $2,374/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
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
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