244 Riverside Dr APT 5CNew YorkNY10025
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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 244 Riverside Dr APT 5C, New York, NY, 10025 offers $8,646/mo rent that, after a $4,749/mo payment, leaves $2,167/mo cash flow. Total monthly income is $8,646/mo, and annual cash flow is $26,002/yr on $319,196 cash. Return on cash invested measures 28.21% in year one, and rental yield stands at 10.69% at a $970,200 entry. Equity gained on principal adds $6,261/yr while 5% annual appreciation compounds into $268,048 by year five. Five-year ROI records 147.94% and total cumulative return in cash reaches $472,232. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $8,646/mo property income versus a $4,749/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Apartment
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10025, New York, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 50,583 (100%) |
| Owner Occupied HU | 12,664 (25.0%) |
| Renter Occupied HU | 32,855 (65.0%) |
| Vacant Housing Units | 5,064 (10.0%) |
| Median Home Value | $1,201,143 |
| Average Home Value | $1,313,684 |
Housing Distribution
Address Breakdown
Residential
44,624
Single Family
320
Multi-Family
44,304
Businesses
1,430
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