231 W 148th St APT 4LNew 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
Rental property for sale in New York at 231 W 148th St APT 4L, New York, NY, 10039 generates $6,120/mo in rent and, after a $3,304/mo payment, leaves $674/mo in cash flow. Total monthly income is $6,120/mo, and annual cash flow is $8,091/yr on $222,075 invested. Return on cash invested sits at 23.7% in year one, and rental yield is 10.88% on a $675,000 entry. Equity gained on principal adds $4,356/yr, while 5% annual appreciation builds toward $186,490 over five years. Five-year ROI reaches 125.65% and total cumulative return in cash sums $279,039. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $6,120/mo property income rather than buyer’s personal income.
Condo
Built in 1920
N/A lot
$N/A/sqft
$938 monthly 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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