531 Main St #509New YorkNY10044
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeFinancing efficiency matters for international buyers, and 531 Main St #509, New York, NY, 10044 in New York offers it: the 1.67 DSCR gives Ziffy Mortgage's underwriting team an unusually clean file, no U.S. credit, no personal income required. Rental yield 8.99%. Long-term, 5% appreciation is forecast to add $255,560, and $8,519/yr in principal paydown compounds equity steadily. Projected five-year cumulative return: $401,066.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9% | 4.8% |
| Monthly Cash Flow | $(1,895) | $28,500 |
City averages based on New York market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $6,928 |
| Total Monthly Debt Service | $5,809 |
| DSCR Ratio | 1.19x |
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 N/A
N/A lot
$N/A/sqft
No 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 N/A
N/A lot
$N/A/sqft
No 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