611 W 156th St APT 53New YorkNY10032
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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 611 W 156th St APT 53, New York, NY, 10032 earns $1,535/mo cash flow from $6,871/mo rent with a $3,426/mo payment. Total monthly income totals $6,871/mo, and annual cash flow totals $18,416/yr on $230,300 capital. ROI tracks 28.06% on current figures, and rental yield reads 11.78% at a $700,000 purchase. Equity gained on principal adds $4,517/yr, and 5% annual appreciation supports $193,397 over five years. Five-year ROI reaches 148.39% and total cumulative return in cash sums $341,752. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $6,871/mo property income instead of your personal income.
Condo
Built in 1910
N/A lot
$N/A/sqft
$662 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10032, New York, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,269 (100%) |
| Owner Occupied HU | 1,998 ( 9.0%) |
| Renter Occupied HU | 18,781 (84.3%) |
| Vacant Housing Units | 1,490 ( 6.7%) |
| Median Home Value | $648,847 |
| Average Home Value | $729,167 |
Housing Distribution
Address Breakdown
Residential
22,002
Single Family
251
Multi-Family
21,751
Businesses
898
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