48 W 138th St APT 5HNew YorkNY10037
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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 48 W 138th St APT 5H, New York, NY, 10037 generates $2,952/mo in rent and, after a $2,080/mo payment, leaves $114/mo in cash flow. Total monthly income is $2,952/mo, and annual cash flow is $1,369/yr on $140,888 invested. Return on cash invested sits at 20.88% in year one, and rental yield is 8.34% on a $425,000 entry. Equity gained on principal adds $2,742/yr, while 5% annual appreciation builds toward $117,420 over five years. Five-year ROI reaches 108.71% and total cumulative return in cash sums $153,161. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,952/mo property income rather than buyer’s personal income.
Condo
Built in 1940
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10037, New York, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,106 (100%) |
| Owner Occupied HU | 798 ( 7.9%) |
| Renter Occupied HU | 8,639 (85.5%) |
| Vacant Housing Units | 669 ( 6.6%) |
| Median Home Value | $454,592 |
| Average Home Value | $688,279 |
Housing Distribution
Address Breakdown
Residential
10,127
Single Family
60
Multi-Family
10,067
Businesses
346
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