305 E 24th St #16PRNew 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
Investment property for sale in New York at 305 E 24th St #16PR, New York, NY, 10010 offers a 6.44% rental yield on a $1,600,000 purchase with $8,593/mo rent. 06% in year one. Equity gained on principal adds $10,325/yr while 5% annual appreciation supports $442,051 over five years. Portfolio math shows five-year ROI at 42.55% and total cumulative return in cash at $220,575. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $8,593/mo property income against a $7,831/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1964
N/A lot
$N/A/sqft
$3,228 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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