425 Park Ave S APT 7BNew YorkNY10016
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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 Park Ave S APT 7B, New York, NY, 10016 at $899,000 posts ROI 29.15% with $2,240/mo cash flow from $10,742/mo rent. Total monthly income equals $10,742/mo, and annual cash flow records $26,877/yr on $295,771 to close. Return on cash invested measures 29.15% and rental yield reads 14.34% at the current $899,000. Equity gained on principal adds $5,801/yr, and 5% annual appreciation supports $248,377 by year five. Five-year ROI prints 156.67% and total cumulative return in cash totals $463,378.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $10,742/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1927
N/A lot
$N/A/sqft
$2,499 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10016, New York, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 41,052 (100%) |
| Owner Occupied HU | 8,730 (21.3%) |
| Renter Occupied HU | 26,763 (65.2%) |
| Vacant Housing Units | 5,559 (13.5%) |
| Median Home Value | $1,031,364 |
| Average Home Value | $1,209,032 |
Housing Distribution
Address Breakdown
Residential
37,372
Single Family
320
Multi-Family
37,052
Businesses
3,608
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