56 Pine St APT 11ANew 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
Investment property for sale in New York at 56 Pine St APT 11A, New York, NY, 10005 offers a 7.01% rental yield on a $599,000 purchase with $3,499/mo rent. 01% in year one. Equity gained on principal adds $3,865/yr while 5% annual appreciation supports $165,493 over five years. Portfolio math shows five-year ROI at 87.89% and total cumulative return in cash at $173,206. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,499/mo property income against a $2,932/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1893
N/A lot
$N/A/sqft
No 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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