504 Grand St APT H1New YorkNY10002
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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 504 Grand St APT H1, New York, NY, 10002 listed at $563,900 pairs $4,242/mo rent with a $2,760/mo payment to leave $476/mo cash flow. Total monthly income runs $4,242/mo, and annual cash flow reaches $5,717/yr on $185,523 cash to close. Return on cash invested measures 23.14% in year one, and rental yield registers 9.03% at a $563,900 basis. Equity gained on principal adds $3,639/yr, and annual property appreciation at 5% supports $155,795 by year five. Five-year ROI tracks 120.8% and total cumulative return in cash totals $224,106. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,242/mo property income relative to a $2,760/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1929
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10002, New York, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 40,854 (100%) |
| Owner Occupied HU | 6,264 (15.3%) |
| Renter Occupied HU | 31,158 (76.3%) |
| Vacant Housing Units | 3,432 ( 8.4%) |
| Median Home Value | $821,930 |
| Average Home Value | $952,686 |
Housing Distribution
Address Breakdown
Residential
38,568
Single Family
2,061
Multi-Family
36,507
Businesses
2,805
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