433 W 24th St APT 3D, New York, NY, 10011 | $885/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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433 W 24th St APT 3D, New York, NY, 10011 | $885/mo Cash Flow | Ziffy

For Sale

Currently Rented

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in New York at 433 W 24th St APT 3D, New York, NY, 10011 earns $885/mo cash flow from $5,893/mo rent with a $3,671/mo payment. Total monthly income totals $5,893/mo, and annual cash flow totals $10,614/yr on $246,750 capital. ROI tracks 24.36% on current figures, and rental yield reads 9.43% at a $750,000 purchase. Equity gained on principal adds $4,840/yr, and 5% annual appreciation supports $207,211 over five years. Five-year ROI reaches 127.34% and total cumulative return in cash sums $314,202. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,893/mo property income instead of your personal income.

Condo

Built in 1920

N/A lot

$N/A/sqft

No HOA

More details about the property

Chic & Unique Pre-War 1BR in Prime Chelsea, right by the High Line. (Tenant occupied - Advanced notice is required for showings) -Photos are virtually edited/staged- Super sunny with a coveted south exposure, this West Villagestyle one-bedroom offers all the charm of a pre-war home on a picturesque townhouse block in the heart of Chelsea. A beautifully updated kitchen and bathroom complement classic pre-war details exposed brick, tall ceilings just under 9 feet, hardwood floors, and a decorative fireplacecreating the perfect blend of old-world character and modern convenience. The spacious queen-sized bedroom includes custom built-ins and generous storage. This well-maintained elevator building features low monthly maintenance and allows unlimited subletting after two years of ownershipa rare and flexible opportunity. Highlights: Bright & airy with south-facing light over looking 24th Street Approx +9 foot ceilings Exposed brick & decorative fireplace Renovated kitchen & bathroom Hardwood floors throughout Queen-sized bedroom with built-ins in closet Elevator building, live in super, and laundry (impeccably maintained) Low monthly maintenance! Unlimited subletting after 2 years of ownership! This stylish and affordable one-bedroom sacrifices nothingan ideal starter home or pied--terre in one of NYCs most sought-after neighborhoods.

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