625 Main St UNIT 508New 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 UNIT 508, New York, NY, 10044 earns from $5,355/mo rent with a $8,321/mo payment. Total monthly income totals $5,355/mo. ROI tracks 2.87% on current figures, and rental yield reads 3.78% at a $1,700,000 purchase. Equity gained on principal adds $10,970/yr, and 5% annual appreciation supports $469,679 over five years. Five-year ROI reaches 13.61% and total cumulative return in cash sums $74,971. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,355/mo property income instead of your personal income.
Condo
Built in 1975
N/A lot
$N/A/sqft
$2,037 monthly 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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