284 5th Ave #5BNew YorkNY10001
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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 284 5th Ave #5B, New York, NY, 10001 with 5% annual appreciation on a $551,900 basis while $3,349/mo rent supports operations. 83% in year one. Equity gained on principal adds $3,561/yr, and five-year appreciation sums $152,480 alongside rental yield of 7.28%. Five-year ROI measures 47.31% and total cumulative return in cash totals $85,902. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,349/mo property income versus a $2,701/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 1890
N/A lot
$N/A/sqft
$1,363 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10001, New York, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,863 (100%) |
| Owner Occupied HU | 3,468 (17.5%) |
| Renter Occupied HU | 13,783 (69.4%) |
| Vacant Housing Units | 2,612 (13.2%) |
| Median Home Value | $797,546 |
| Average Home Value | $997,143 |
Housing Distribution
Address Breakdown
Residential
18,242
Single Family
154
Multi-Family
18,088
Businesses
5,930
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