930 Saint Nicholas Ave 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 930 Saint Nicholas Ave APT 53, New York, NY, 10032 uses $172,725 cash to close to unlock $3,045/yr annual cash flow and $254/mo monthly cash flow. Total monthly income runs $3,760/mo, and a $2,570/mo payment keeps the spread at $254/mo. Purchase price stands at $525,000, and rental yield measures 8.59% with $3,760/mo rent. Return on cash invested shows 21.82% in year one, and 5% annual appreciation builds toward $145,048 over five years. Five-year ROI reaches 113.73% and total cumulative return in cash records $196,437. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,760/mo property income covering a $2,570/mo payment rather than investor’s personal income.
Condo
Built in 1910
N/A lot
$N/A/sqft
No 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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