47 Fort Washington Ave APT 61New YorkNY10032
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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 47 Fort Washington Ave APT 61, New York, NY, 10032 priced at $849,000 pairs $4,409/mo rent with after a $4,155/mo payment. Total monthly income equals $4,409/mo. Return on cash invested is 8.44% in year one, and rental yield stands at 6.23% on a $849,000 basis. Equity gained on principal adds $5,478/yr, and 5% annual appreciation accumulates to $234,563 by year five. Five-year ROI measures 44.18% and total cumulative return in cash reaches $123,416. For financing, Ziffy Mortgage’s DSCR program evaluates $4,409/mo property income against a $4,155/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1914
N/A lot
$N/A/sqft
$1,445 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10032, New York, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,269 (100%) |
| Owner Occupied HU | 1,998 ( 9.0%) |
| Renter Occupied HU | 18,781 (84.3%) |
| Vacant Housing Units | 1,490 ( 6.7%) |
| Median Home Value | $648,847 |
| Average Home Value | $729,167 |
Housing Distribution
Address Breakdown
Residential
22,002
Single Family
251
Multi-Family
21,751
Businesses
898
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