309 W 138th St APT 5New YorkNY10030
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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 309 W 138th St APT 5, New York, NY, 10030 uses $646,380 cash to close to unlock $7,323/yr annual cash flow and $610/mo monthly cash flow. Total monthly income runs $13,933/mo, and a $9,765/mo payment keeps the spread at $610/mo. Purchase price stands at $1,995,000, and rental yield measures 8.38% with $13,933/mo rent. Return on cash invested shows 21.5% in year one, and 5% annual appreciation builds toward $551,182 over five years. Five-year ROI reaches 111.95% and total cumulative return in cash records $723,609. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $13,933/mo property income covering a $9,765/mo payment rather than investor’s personal income.
Multi Family
Built in 1889
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10030, New York, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,664 (100%) |
| Owner Occupied HU | 1,537 (11.2%) |
| Renter Occupied HU | 10,955 (80.2%) |
| Vacant Housing Units | 1,172 ( 8.6%) |
| Median Home Value | $724,319 |
| Average Home Value | $903,176 |
Housing Distribution
Address Breakdown
Residential
12,378
Single Family
495
Multi-Family
11,883
Businesses
375
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