324 W 83rd St APT 6SManhattanNY10024
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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 Manhattan at 324 W 83rd St APT 6S, Manhattan, NY, 10024 earns $2,102/mo cash flow from $13,117/mo rent with a $6,485/mo payment. Total monthly income totals $13,117/mo, and annual cash flow totals $25,225/yr on $429,300 capital. ROI tracks 26.25% on current figures, and rental yield reads 11.88% at a $1,325,000 purchase. Equity gained on principal adds $8,550/yr, and 5% annual appreciation supports $366,073 over five years. Five-year ROI reaches 139.58% and total cumulative return in cash sums $599,224. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $13,117/mo property income instead of your personal income.
Condo
Built in 1902
N/A lot
$N/A/sqft
$2,167 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10024, New York, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 34,255 (100%) |
| Owner Occupied HU | 10,791 (31.5%) |
| Renter Occupied HU | 19,161 (55.9%) |
| Vacant Housing Units | 4,303 (12.6%) |
| Median Home Value | $1,690,841 |
| Average Home Value | $1,553,022 |
Housing Distribution
Address Breakdown
Residential
28,850
Single Family
562
Multi-Family
28,288
Businesses
1,102
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