240 E 24th St APT BNew YorkNY10010
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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 240 E 24th St APT B, New York, NY, 10010 priced at $486,750 pairs $3,815/mo rent with after a $2,382/mo payment. Total monthly income equals $3,815/mo. Return on cash invested is 13.87% in year one, and rental yield stands at 9.41% on a $486,750 basis. Equity gained on principal adds $3,141/yr, and 5% annual appreciation accumulates to $134,480 by year five. Five-year ROI measures 74.81% and total cumulative return in cash reaches $120,708. For financing, Ziffy Mortgage’s DSCR program evaluates $3,815/mo property income against a $2,382/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in N/A
N/A lot
$N/A/sqft
$1,377 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10010, New York, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,835 (100%) |
| Owner Occupied HU | 4,675 (23.6%) |
| Renter Occupied HU | 12,977 (65.4%) |
| Vacant Housing Units | 2,183 (11.0%) |
| Median Home Value | $1,076,308 |
| Average Home Value | $1,205,915 |
Housing Distribution
Address Breakdown
Residential
19,396
Single Family
111
Multi-Family
19,285
Businesses
2,475
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