315 7th Ave APT 3CNew YorkNY10001
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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
Total monthly income runs $4,213/mo, and a $5,379/mo payment. Purchase price stands at $1,099,000, and rental yield measures 4.6% with $4,213/mo rent. Return on cash invested shows 9.84% in year one, and 5% annual appreciation builds toward $303,633 over five years. Five-year ROI reaches 49.39% and total cumulative return in cash records $175,866. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,213/mo property income covering a $5,379/mo payment rather than investor’s personal income.
Condo
Built in 1926
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10001, New York, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,863 (100%) |
| Owner Occupied HU | 3,468 (17.5%) |
| Renter Occupied HU | 13,783 (69.4%) |
| Vacant Housing Units | 2,612 (13.2%) |
| Median Home Value | $797,546 |
| Average Home Value | $997,143 |
Housing Distribution
Address Breakdown
Residential
18,242
Single Family
154
Multi-Family
18,088
Businesses
5,930
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