292 Wadsworth AveNew YorkNY10040
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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 292 Wadsworth Ave, New York, NY, 10040 with 5% annual appreciation on a $1,899,000 basis while $6,839/mo rent supports operations. 97% in year one. Equity gained on principal adds $12,254/yr, and five-year appreciation sums $524,659 alongside rental yield of 4.32%. Five-year ROI measures 44.77% and total cumulative return in cash totals $275,437. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $6,839/mo property income versus a $9,295/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Multi Family
Built in 1901
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10040, New York, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,674 (100%) |
| Owner Occupied HU | 1,923 (10.9%) |
| Renter Occupied HU | 14,568 (82.4%) |
| Vacant Housing Units | 1,183 ( 6.7%) |
| Median Home Value | $525,000 |
| Average Home Value | $522,291 |
Housing Distribution
Address Breakdown
Residential
16,253
Single Family
116
Multi-Family
16,137
Businesses
568
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