312 W 23rd St APT 3ANew YorkNY10011
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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
Rental property for sale in New York at 312 W 23rd St APT 3A, New York, NY, 10011 generates $5,686/mo in rent and, after a $3,079/mo payment, leaves $1,113/mo in cash flow. Total monthly income is $5,686/mo, and annual cash flow is $13,359/yr on $206,941 invested. Return on cash invested sits at 26.52% in year one, and rental yield is 10.85% on a $629,000 entry. Equity gained on principal adds $4,059/yr, while 5% annual appreciation builds toward $173,781 over five years. Five-year ROI reaches 139.68% and total cumulative return in cash sums $289,053. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,686/mo property income rather than buyer’s personal income.
Condo
Built in 1922
N/A lot
$N/A/sqft
$372 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10011, New York, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 34,957 (100%) |
| Owner Occupied HU | 10,815 (30.9%) |
| Renter Occupied HU | 19,813 (56.7%) |
| Vacant Housing Units | 4,329 (12.4%) |
| Median Home Value | $1,184,111 |
| Average Home Value | $1,321,727 |
Housing Distribution
Address Breakdown
Residential
32,777
Single Family
554
Multi-Family
32,223
Businesses
2,828
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