250 Mercer St APT C302New YorkNY10012
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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 250 Mercer St APT C302, New York, NY, 10012 offers a 4.24% rental yield on a $1,990,000 purchase with $7,038/mo rent. 97% in year one. Equity gained on principal adds $12,841/yr while 5% annual appreciation supports $549,800 over five years. Portfolio math shows five-year ROI at 14.68% and total cumulative return in cash at $94,619. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $7,038/mo property income against a $9,740/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1888
N/A lot
$N/A/sqft
$3,096 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10012, New York, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,191 (100%) |
| Owner Occupied HU | 2,772 (18.2%) |
| Renter Occupied HU | 10,378 (68.3%) |
| Vacant Housing Units | 2,041 (13.4%) |
| Median Home Value | $1,397,017 |
| Average Home Value | $1,448,345 |
Housing Distribution
Address Breakdown
Residential
14,177
Single Family
248
Multi-Family
13,929
Businesses
2,572
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