613 E 6th St APT 5CNew YorkNY10009
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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 613 E 6th St APT 5C, New York, NY, 10009 generates $6,982/mo in rent, after a $4,645/mo payment. Total monthly income is $6,982/mo. Return on cash invested sits at 16.29% in year one, and rental yield is 8.83% on a $949,000 entry. Equity gained on principal adds $6,124/yr, while 5% annual appreciation builds toward $262,191 over five years. Five-year ROI reaches 86.3% and total cumulative return in cash sums $269,448. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $6,982/mo property income rather than buyer’s personal income.
Condo
Built in 1920
N/A lot
$N/A/sqft
$1,626 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10009, New York, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 33,143 (100%) |
| Owner Occupied HU | 3,150 ( 9.5%) |
| Renter Occupied HU | 27,711 (83.6%) |
| Vacant Housing Units | 2,282 ( 6.9%) |
| Median Home Value | $825,844 |
| Average Home Value | $931,918 |
Housing Distribution
Address Breakdown
Residential
32,533
Single Family
260
Multi-Family
32,273
Businesses
1,286
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