499 9th Ave Unit 5D-NNew YorkNY10018
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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
Rental property for sale in New York at 499 9th Ave Unit 5D-N, New York, NY, 10018 generates $7,235/mo in rent, after a $9,544/mo payment. Total monthly income is $7,235/mo. Return on cash invested sits at 9.38% in year one, and rental yield is 4.45% on a $1,950,000 entry. Equity gained on principal adds $12,583/yr, while 5% annual appreciation builds toward $538,749 over five years. Five-year ROI reaches 46.93% and total cumulative return in cash sums $296,525. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $7,235/mo property income rather than buyer’s personal income.
Condo
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10018, New York, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,545 (100%) |
| Owner Occupied HU | 654 ( 7.7%) |
| Renter Occupied HU | 6,006 (70.3%) |
| Vacant Housing Units | 1,885 (22.1%) |
| Median Home Value | $976,266 |
| Average Home Value | $1,244,179 |
Housing Distribution
Address Breakdown
Residential
7,591
Single Family
29
Multi-Family
7,562
Businesses
6,062
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