595 Main St APT 204New YorkNY10044
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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 595 Main St APT 204, New York, NY, 10044 generates $6,928/mo in rent and, after a $3,653/mo payment, leaves $1,944/mo in cash flow. Total monthly income is $6,928/mo, and annual cash flow is $23,329/yr on $245,536 invested. Return on cash invested sits at 29.56% in year one, and rental yield is 11.14% on a $746,311 entry. Equity gained on principal adds $4,816/yr, while 5% annual appreciation builds toward $206,192 over five years. Five-year ROI reaches 155.22% and total cumulative return in cash sums $381,131. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $6,928/mo property income rather than buyer’s personal income.
Condo
Built in 1975
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
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