349 E 49th St APT 2BNew YorkNY10017
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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
Total monthly income runs $3,098/mo, and a $2,442/mo payment. Purchase price stands at $499,000, and rental yield measures 7.45% with $3,098/mo rent. Return on cash invested shows 18.21% in year one, and 5% annual appreciation builds toward $137,865 over five years. Five-year ROI reaches 94.4% and total cumulative return in cash records $156,162. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,098/mo property income covering a $2,442/mo payment rather than investor’s personal income.
Condo
Built in 1940
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10017, New York, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,285 (100%) |
| Owner Occupied HU | 3,713 (27.9%) |
| Renter Occupied HU | 7,419 (55.8%) |
| Vacant Housing Units | 2,153 (16.2%) |
| Median Home Value | $795,643 |
| Average Home Value | $1,007,195 |
Housing Distribution
Address Breakdown
Residential
12,099
Single Family
49
Multi-Family
12,050
Businesses
3,212
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