235 W 70th St APT 3ENew YorkNY10023
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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 235 W 70th St APT 3E, New York, NY, 10023 uses $213,850 cash to close to unlock $31,246/yr annual cash flow and $2,604/mo monthly cash flow. Total monthly income runs $8,527/mo, and a $3,181/mo payment keeps the spread at $2,604/mo. Purchase price stands at $650,000, and rental yield measures 15.74% with $8,527/mo rent. Return on cash invested shows 34.67% in year one, and 5% annual appreciation builds toward $179,583 over five years. Five-year ROI reaches 185.83% and total cumulative return in cash records $397,394. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $8,527/mo property income covering a $3,181/mo payment rather than investor’s personal income.
Condo
Built in 1965
N/A lot
$N/A/sqft
$1,583 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10023, New York, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 44,765 (100%) |
| Owner Occupied HU | 13,628 (30.4%) |
| Renter Occupied HU | 23,478 (52.4%) |
| Vacant Housing Units | 7,659 (17.1%) |
| Median Home Value | $1,614,455 |
| Average Home Value | $1,528,815 |
Housing Distribution
Address Breakdown
Residential
39,952
Single Family
230
Multi-Family
39,722
Businesses
1,615
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