324 E 4th St APT 4ANew YorkNY10009
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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 324 E 4th St APT 4A, New York, NY, 10009 offers $7,248/mo rent that, after a $4,405/mo payment, leaves $742/mo cash flow. Total monthly income is $7,248/mo, and annual cash flow is $8,904/yr on $296,100 cash. Return on cash invested measures 23.07% in year one, and rental yield stands at 9.66% at a $900,000 entry. Equity gained on principal adds $5,808/yr while 5% annual appreciation compounds into $248,653 by year five. Five-year ROI records 121.11% and total cumulative return in cash reaches $358,608. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $7,248/mo property income versus a $4,405/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1920
N/A lot
$N/A/sqft
$496 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10009, New York, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 33,143 (100%) |
| Owner Occupied HU | 3,150 ( 9.5%) |
| Renter Occupied HU | 27,711 (83.6%) |
| Vacant Housing Units | 2,282 ( 6.9%) |
| Median Home Value | $825,844 |
| Average Home Value | $931,918 |
Housing Distribution
Address Breakdown
Residential
32,533
Single Family
260
Multi-Family
32,273
Businesses
1,286
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