247 W 46th St APT 2305New YorkNY10036
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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 247 W 46th St APT 2305, New York, NY, 10036 earns from $6,034/mo rent with a $5,210/mo payment. Total monthly income totals $6,034/mo. ROI tracks 16.32% on current figures, and rental yield reads 6.8% at a $1,064,500 purchase. Equity gained on principal adds $6,869/yr, and 5% annual appreciation supports $294,102 over five years. Five-year ROI reaches 84.28% and total cumulative return in cash sums $290,674. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $6,034/mo property income instead of your personal income.
Multi Family
Built in 2007
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10036, New York, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,094 (100%) |
| Owner Occupied HU | 1,821 ( 8.2%) |
| Renter Occupied HU | 17,192 (77.8%) |
| Vacant Housing Units | 3,081 (13.9%) |
| Median Home Value | $1,328,629 |
| Average Home Value | $1,335,710 |
Housing Distribution
Address Breakdown
Residential
21,186
Single Family
110
Multi-Family
21,076
Businesses
5,329
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