957 Saint Nicholas AveNew 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
Rental property for sale in New York at 957 Saint Nicholas Ave, New York, NY, 10032 offers $7,026/mo rent that, after a $8,565/mo payment. Total monthly income is $7,026/mo. Return on cash invested measures 10.51% in year one, and rental yield stands at 4.82% at a $1,750,000 entry. Equity gained on principal adds $11,292/yr while 5% annual appreciation compounds into $483,493 by year five. Five-year ROI records 52.99% and total cumulative return in cash reaches $300,441. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $7,026/mo property income versus a $8,565/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Multi Family
Built in 1901
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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