393 W 49th St APT 2FFNew YorkNY10019
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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 393 W 49th St APT 2FF, New York, NY, 10019 generates $4,595/mo in rent and, after a $2,976/mo payment, leaves $535/mo in cash flow. Total monthly income is $4,595/mo, and annual cash flow is $6,417/yr on $200,032 invested. Return on cash invested sits at 23.27% in year one, and rental yield is 9.07% on a $608,000 entry. Equity gained on principal adds $3,923/yr, while 5% annual appreciation builds toward $167,979 over five years. Five-year ROI reaches 121.47% and total cumulative return in cash sums $242,979. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,595/mo property income rather than buyer’s personal income.
Condo
Built in 1989
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10019, New York, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 35,231 (100%) |
| Owner Occupied HU | 4,717 (13.4%) |
| Renter Occupied HU | 24,438 (69.4%) |
| Vacant Housing Units | 6,076 (17.2%) |
| Median Home Value | $962,650 |
| Average Home Value | $1,201,466 |
Housing Distribution
Address Breakdown
Residential
31,630
Single Family
93
Multi-Family
31,537
Businesses
3,077
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