626 Washington St APT 3A, New York, NY, 10014 | $487/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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626 Washington St APT 3A, New York, NY, 10014 | $487/mo Cash Flow | Ziffy

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NMLS #2625701

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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

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Investment Highlights

Rental property for sale in New York at 626 Washington St APT 3A, New York, NY, 10014 offers $10,985/mo rent that, after a $6,608/mo payment, leaves $487/mo cash flow. Total monthly income is $10,985/mo, and annual cash flow is $5,838/yr on $437,400 cash. Return on cash invested measures 21.7% in year one, and rental yield stands at 9.76% at a $1,350,000 entry. Equity gained on principal adds $8,711/yr while 5% annual appreciation compounds into $372,980 by year five. Five-year ROI records 114.5% and total cumulative return in cash reaches $500,837. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $10,985/mo property income versus a $6,608/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Condo

Built in N/A

N/A lot

$N/A/sqft

$1,483 monthly HOA

More details about the property

Exquisite attention to details one of a kind Must see every room has a unique wood work and type

Neighborhood Data

Neighborhood data shown for ZIP Code: 10014, New York, NY area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	21,730 (100%)
Owner Occupied HU	5,412 (24.9%)
Renter Occupied HU	13,475 (62.0%)
Vacant Housing Units	2,843 (13.1%)
Median Home Value	$1,392,361
Average Home Value	$1,447,235