523 W 143rd St APT 2BNew YorkNY10031
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 523 W 143rd St APT 2B, New York, NY, 10031 generates $5,336/mo in rent and, after a $3,299/mo payment, leaves $835/mo in cash flow. Total monthly income is $5,336/mo, and annual cash flow is $10,020/yr on $221,746 invested. Return on cash invested sits at 24.58% in year one, and rental yield is 9.5% on a $674,000 entry. Equity gained on principal adds $4,349/yr, while 5% annual appreciation builds toward $186,214 over five years. Five-year ROI reaches 128.51% and total cumulative return in cash sums $284,977. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,336/mo property income rather than buyer’s personal income.
Condo
Built in 1910
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10031, New York, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,194 (100%) |
| Owner Occupied HU | 2,778 (11.5%) |
| Renter Occupied HU | 19,293 (79.7%) |
| Vacant Housing Units | 2,123 ( 8.8%) |
| Median Home Value | $722,566 |
| Average Home Value | $978,110 |
Housing Distribution
Address Breakdown
Residential
21,947
Single Family
544
Multi-Family
21,403
Businesses
746
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices