425 Convent Ave #1New YorkNY10031
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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
Investment property for sale in New York at 425 Convent Ave #1, New York, NY, 10031 with 5% annual appreciation on a $1,148,500 basis while $5,346/mo rent supports operations. 88% in year one. Equity gained on principal adds $7,411/yr, and five-year appreciation sums $317,309 alongside rental yield of 5.59%. Five-year ROI measures 65.69% and total cumulative return in cash totals $244,458. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $5,346/mo property income versus a $5,621/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Apartment
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10031, New York, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,194 (100%) |
| Owner Occupied HU | 2,778 (11.5%) |
| Renter Occupied HU | 19,293 (79.7%) |
| Vacant Housing Units | 2,123 ( 8.8%) |
| Median Home Value | $722,566 |
| Average Home Value | $978,110 |
Housing Distribution
Address Breakdown
Residential
21,947
Single Family
544
Multi-Family
21,403
Businesses
746
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