425 Main St APT 9KNew YorkNY10044
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 425 Main St APT 9K, New York, NY, 10044 in New York speaks for itself: 11.45% gross on a $620,000 price, generating $5,917/mo in rent and $1,250/mo in net income after the $2,788/mo debt service. DSCR 2.12, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $14,999 stacks alongside $171,295 in projected five-year appreciation and $5,710/yr in principal reduction. Projected total cumulative return: $319,140.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.5% | 4.8% |
| Monthly Cash Flow | $1,250 | $28,500 |
City averages based on New York market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $5,917 |
| Total Monthly Debt Service | $4,421 |
| DSCR Ratio | 1.34x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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
$527 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
$527 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