603 W 148th St APT 5DNew 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
Investment property for sale in New york at 603 W 148th St APT 5D, New york, NY, 10031 offers a 7.05% rental yield on a $795,000 purchase with $4,670/mo rent. 13% in year one. Equity gained on principal adds $5,130/yr while 5% annual appreciation supports $219,644 over five years. Portfolio math shows five-year ROI at 88.56% and total cumulative return in cash at $231,634. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,670/mo property income against a $3,891/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2006
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