247 W 46th St APT 3004New 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 3004, New York, NY, 10036 listed at $1,830,000 pairs $6,130/mo rent with a $8,957/mo payment. Total monthly income runs $6,130/mo. Return on cash invested measures 8.04% in year one, and rental yield registers 4.02% at a $1,830,000 basis. Equity gained on principal adds $11,809/yr, and annual property appreciation at 5% supports $505,595 by year five. Five-year ROI tracks 39.77% and total cumulative return in cash totals $235,810. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $6,130/mo property income relative to a $8,957/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
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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