547 W 47th St ROOM 321New 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 547 W 47th St ROOM 321, New York, NY, 10036 offers a 8.64% rental yield on a $1,855,000 purchase with $13,357/mo rent. 61% in year one. Equity gained on principal adds $11,970/yr while 5% annual appreciation supports $512,502 over five years. Portfolio math shows five-year ROI at 102.77% and total cumulative return in cash at $617,675. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $13,357/mo property income against a $9,079/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2022
N/A lot
$N/A/sqft
$1,350 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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