516 W 47th St APT S6ANew YorkNY10036
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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 516 W 47th St APT S6A, New York, NY, 10036 earns from $6,701/mo rent with a $4,890/mo payment. Total monthly income totals $6,701/mo. ROI tracks 15.71% on current figures, and rental yield reads 8.05% at a $999,000 purchase. Equity gained on principal adds $6,446/yr, and 5% annual appreciation supports $276,005 over five years. Five-year ROI reaches 82.54% and total cumulative return in cash sums $271,286. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $6,701/mo property income instead of your personal income.
Condo
Built in 2003
N/A lot
$N/A/sqft
$1,222 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10036, New York, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,094 (100%) |
| Owner Occupied HU | 1,821 ( 8.2%) |
| Renter Occupied HU | 17,192 (77.8%) |
| Vacant Housing Units | 3,081 (13.9%) |
| Median Home Value | $1,328,629 |
| Average Home Value | $1,335,710 |
Housing Distribution
Address Breakdown
Residential
21,186
Single Family
110
Multi-Family
21,076
Businesses
5,329
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