468 W 23rd St APT 1ANew YorkNY10011
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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 468 W 23rd St APT 1A, New York, NY, 10011 offers $6,763/mo rent that, after a $1,005/mo payment, leaves $4,744/mo cash flow. Total monthly income is $6,763/mo, and annual cash flow is $56,928/yr on $68,066 cash. Return on cash invested measures 103.55% in year one, and rental yield stands at 39.53% at a $205,327 entry. Equity gained on principal adds $1,325/yr while 5% annual appreciation compounds into $56,728 by year five. Five-year ROI records 556.21% and total cumulative return in cash reaches $378,588. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $6,763/mo property income versus a $1,005/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1900
2,173 sqft lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
32,777
Single Family
554
Multi-Family
32,223
Businesses
2,828
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