50 Pine St UNIT PH12SNew YorkNY10005
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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 50 Pine St UNIT PH12S, New York, NY, 10005 generates $3,689/mo in rent, after a $5,110/mo payment. Total monthly income is $3,689/mo. Return on cash invested sits at -2.94% in year one, and rental yield is 4.24% on a $1,044,000 entry. Equity gained on principal adds $6,737/yr, while 5% annual appreciation builds toward $288,438 over five years. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,689/mo property income rather than buyer’s personal income.
Condo
Built in 1902
N/A lot
$N/A/sqft
$3,287 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10005, New York, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,939 (100%) |
| Owner Occupied HU | 858 (12.4%) |
| Renter Occupied HU | 4,911 (70.8%) |
| Vacant Housing Units | 1,170 (16.9%) |
| Median Home Value | $1,555,556 |
| Average Home Value | $1,549,382 |
Housing Distribution
Address Breakdown
Residential
6,784
Single Family
3
Multi-Family
6,781
Businesses
676
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