232 E 118th St APT 1ANew YorkNY10035
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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 232 E 118th St APT 1A, New York, NY, 10035 listed at $450,000 pairs $3,425/mo rent with a $2,203/mo payment. Total monthly income runs $3,425/mo. Return on cash invested measures 16.87% in year one, and rental yield registers 9.13% at a $450,000 basis. Equity gained on principal adds $2,904/yr, and annual property appreciation at 5% supports $124,327 by year five. Five-year ROI tracks 89.53% and total cumulative return in cash totals $133,554. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,425/mo property income relative to a $2,203/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1910
N/A lot
$N/A/sqft
$704 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10035, New York, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,688 (100%) |
| Owner Occupied HU | 1,564 ( 9.4%) |
| Renter Occupied HU | 13,744 (82.4%) |
| Vacant Housing Units | 1,380 ( 8.3%) |
| Median Home Value | $718,233 |
| Average Home Value | $917,413 |
Housing Distribution
Address Breakdown
Residential
15,564
Single Family
549
Multi-Family
15,015
Businesses
882
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