284 5th Ave #5BNew YorkNY10001
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow284 5th Ave #5B, New York, NY, 10001 in New York earns its strong cash-flow label: 14.84% yield, $3,349/mo rent, $1,777/mo net income, DSCR 1.35. The $551,900 acquisition cost produces immediate returns that put this property in the top tier for U.S. income assets accessible via Ziffy Mortgage's rental-income underwriting. Long-term, 5% annual appreciation adds $152,480 by year five. Combined with $5,083/yr in principal paydown, total projected return reaches $106,998.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 14.8% | 4.8% |
| Monthly Cash Flow | $1,777 | $28,500 |
City averages based on New York market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,349 |
| Total Monthly Debt Service | $4,829 |
| DSCR Ratio | 0.69x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices