5 Riverside Dr #1CNew YorkNY10023
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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
Investment property for sale in New York at 5 Riverside Dr #1C, New York, NY, 10023 with 5% annual appreciation on a $1,249,000 basis while $4,798/mo rent supports operations. 87% in year one. Equity gained on principal adds $8,060/yr, and five-year appreciation sums $345,076 alongside rental yield of 4.61%. Five-year ROI measures 49.54% and total cumulative return in cash totals $200,495. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,798/mo property income versus a $6,113/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 1936
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10023, New York, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 44,765 (100%) |
| Owner Occupied HU | 13,628 (30.4%) |
| Renter Occupied HU | 23,478 (52.4%) |
| Vacant Housing Units | 7,659 (17.1%) |
| Median Home Value | $1,614,455 |
| Average Home Value | $1,528,815 |
Housing Distribution
Address Breakdown
Residential
39,952
Single Family
230
Multi-Family
39,722
Businesses
1,615
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