425 Main St APT 14DNew YorkNY10044
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayAt a 5.57% gross rental yield, 425 Main St APT 14D, New York, NY, 10044 in New York is priced for capital growth, not immediate cash flow. The $1,425,000 purchase reflects market confidence in future value: at 5%/yr, the property is forecast to gain $393,701 by year five, with $13,124/yr in additional equity from loan paydown. Ziffy Mortgage's DSCR mortgage (1.03) qualifies for non-U.S. residents without personal income documents. Total five-year projected cumulative return: $277,109.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5.6% | 4.8% |
| Monthly Cash Flow | $(4,227) | $28,500 |
City averages based on New York market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $6,616 |
| Total Monthly Debt Service | $10,276 |
| DSCR Ratio | 0.64x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 2006
N/A lot
$N/A/sqft
$1,327 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10044, New York, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,939 (100%) |
| Owner Occupied HU | 868 (14.6%) |
| Renter Occupied HU | 4,258 (71.7%) |
| Vacant Housing Units | 813 (13.7%) |
| Median Home Value | $975,340 |
| Average Home Value | $1,057,867 |
Housing Distribution
Address Breakdown
Residential
5,545
Single Family
2
Multi-Family
5,543
Businesses
104
Nearby investment properties with comparable rents
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
Condo
Built in 2006
N/A lot
$N/A/sqft
$1,327 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10044, New York, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,939 (100%) |
| Owner Occupied HU | 868 (14.6%) |
| Renter Occupied HU | 4,258 (71.7%) |
| Vacant Housing Units | 813 (13.7%) |
| Median Home Value | $975,340 |
| Average Home Value | $1,057,867 |
Housing Distribution
Address Breakdown
Residential
5,545
Single Family
2
Multi-Family
5,543
Businesses
104
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices