425 Main St APT 16ENew YorkNY10044
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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 $4,369/mo, and a $5,678/mo payment. Purchase price stands at $1,160,000, and rental yield measures 4.52% with $4,369/mo rent. Return on cash invested shows 9.59% in year one, and 5% annual appreciation builds toward $320,487 over five years. Five-year ROI reaches 48.05% and total cumulative return in cash records $180,581. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,369/mo property income covering a $5,678/mo payment rather than investor’s personal income.
Condo
Built in 2006
N/A lot
$N/A/sqft
No 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
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