345 W 70th St APT 5FNew YorkNY10023
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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 345 W 70th St APT 5F, New York, NY, 10023 earns from $8,833/mo rent with a $6,803/mo payment. Total monthly income totals $8,833/mo. ROI tracks 13.81% on current figures, and rental yield reads 7.63% at a $1,390,000 purchase. Equity gained on principal adds $8,969/yr, and 5% annual appreciation supports $384,031 over five years. Five-year ROI reaches 72.63% and total cumulative return in cash sums $327,096. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $8,833/mo property income instead of your personal income.
Condo
Built in 1910
N/A lot
$N/A/sqft
$2,014 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10023, New York, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 44,765 (100%) |
| Owner Occupied HU | 13,628 (30.4%) |
| Renter Occupied HU | 23,478 (52.4%) |
| Vacant Housing Units | 7,659 (17.1%) |
| Median Home Value | $1,614,455 |
| Average Home Value | $1,528,815 |
Housing Distribution
Address Breakdown
Residential
39,952
Single Family
230
Multi-Family
39,722
Businesses
1,615
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