








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in New York at 405 W 23rd St APT 9G, New York, NY, 10011 generates $5,549/mo in rent and, after a $3,030/mo payment, leaves $1,415/mo in cash flow. Total monthly income is $5,549/mo, and annual cash flow is $16,981/yr on $203,651 invested. Return on cash invested sits at 28.4% in year one, and rental yield is 10.76% on a $619,000 entry. Equity gained on principal adds $3,994/yr, while 5% annual appreciation builds toward $171,018 over five years. Five-year ROI reaches 149% and total cumulative return in cash sums $303,433. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,549/mo property income rather than buyer’s personal income.
Condo
Built in 1932
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 10011, New York, NY area.
| 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 |
Residential
32,777
Single Family
554
Multi-Family
32,223
Businesses
2,828
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Andrew Feldman • Corcoran
Mls Name: StreetEasy
Mls ID: #S1796741