250 Mercer St APT D1003New 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
Rental property for sale in New York at 250 Mercer St APT D1003, New York, NY, 10012 generates $5,683/mo in rent, after a $7,219/mo payment. Total monthly income is $5,683/mo. Return on cash invested sits at 3.31% in year one, and rental yield is 4.62% on a $1,475,000 entry. Equity gained on principal adds $9,518/yr, while 5% annual appreciation builds toward $407,515 over five years. Five-year ROI reaches 16.78% and total cumulative return in cash sums $80,170. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,683/mo property income rather than buyer’s personal income.
Condo
Built in 1888
N/A lot
$N/A/sqft
$2,628 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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