355 W 39th St #6BNew YorkNY10018
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayAt a 0% gross rental yield, 355 W 39th St #6B, New York, NY, 10018 in New York is priced for capital growth, not immediate cash flow. The $1,082,800 purchase reflects market confidence in future value: at 5%/yr, the property is forecast to gain $299,158 by year five, with $9,973/yr in additional equity from loan paydown. Ziffy Mortgage's DSCR mortgage (0.00) qualifies for non-U.S. residents without personal income documents.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 0% | 4.8% |
| Monthly Cash Flow | $0 | $28,500 |
City averages based on New York market data in our database. Property projections are estimates.
Home Type Unknown
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10018, New York, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,545 (100%) |
| Owner Occupied HU | 654 ( 7.7%) |
| Renter Occupied HU | 6,006 (70.3%) |
| Vacant Housing Units | 1,885 (22.1%) |
| Median Home Value | $976,266 |
| Average Home Value | $1,244,179 |
Housing Distribution
Address Breakdown
Residential
7,591
Single Family
29
Multi-Family
7,562
Businesses
6,062
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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
Home Type Unknown
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10018, New York, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,545 (100%) |
| Owner Occupied HU | 654 ( 7.7%) |
| Renter Occupied HU | 6,006 (70.3%) |
| Vacant Housing Units | 1,885 (22.1%) |
| Median Home Value | $976,266 |
| Average Home Value | $1,244,179 |
Housing Distribution
Address Breakdown
Residential
7,591
Single Family
29
Multi-Family
7,562
Businesses
6,062
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices