56 Pine St APT 4CNew YorkNY10005
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
Investment Highlights
Investment property for sale in New York at 56 Pine St APT 4C, New York, NY, 10005 uses $68,621 cash to close to unlock $56,212/yr annual cash flow and $4,684/mo monthly cash flow. Total monthly income runs $6,721/mo, and a $1,013/mo payment keeps the spread at $4,684/mo. Purchase price stands at $207,003, and rental yield measures 38.96% with $6,721/mo rent. Return on cash invested shows 101.83% in year one, and 5% annual appreciation builds toward $57,191 over five years. Five-year ROI reaches 546.96% and total cumulative return in cash records $375,335. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $6,721/mo property income covering a $1,013/mo payment rather than investor’s personal income.
Apartment
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices