453 W 148th St #1New YorkNY10031
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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
Rental property for sale in New York at 453 W 148th St #1, New York, NY, 10031 generates $9,685/mo in rent, after a $9,740/mo payment. Total monthly income is $9,685/mo. Return on cash invested sits at 13.66% in year one, and rental yield is 5.84% on a $1,990,000 entry. Equity gained on principal adds $12,841/yr, while 5% annual appreciation builds toward $549,800 over five years. Five-year ROI reaches 69.91% and total cumulative return in cash sums $450,731. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $9,685/mo property income rather than buyer’s personal income.
Multi Family
Built in 1901
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10031, New York, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,194 (100%) |
| Owner Occupied HU | 2,778 (11.5%) |
| Renter Occupied HU | 19,293 (79.7%) |
| Vacant Housing Units | 2,123 ( 8.8%) |
| Median Home Value | $722,566 |
| Average Home Value | $978,110 |
Housing Distribution
Address Breakdown
Residential
21,947
Single Family
544
Multi-Family
21,403
Businesses
746
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