625 Main St APT 643New 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
Investment property for sale in New York at 625 Main St APT 643, New York, NY, 10044 listed at $649,000 pairs $4,812/mo rent with a $3,177/mo payment to leave $478/mo cash flow. Total monthly income runs $4,812/mo, and annual cash flow reaches $5,731/yr on $213,521 cash to close. Return on cash invested measures 22.74% in year one, and rental yield registers 8.9% at a $649,000 basis. Equity gained on principal adds $4,188/yr, and annual property appreciation at 5% supports $179,307 by year five. Five-year ROI tracks 118.66% and total cumulative return in cash totals $253,368. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,812/mo property income relative to a $3,177/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
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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