630 1st Ave APT 20BNew YorkNY10016
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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 630 1st Ave APT 20B, New York, NY, 10016 earns $1,111/mo cash flow from $10,590/mo rent with a $6,020/mo payment. Total monthly income totals $10,590/mo, and annual cash flow totals $13,326/yr on $398,520 capital. ROI tracks 23.71% on current figures, and rental yield reads 10.33% at a $1,230,000 purchase. Equity gained on principal adds $7,937/yr, and 5% annual appreciation supports $339,826 over five years. Five-year ROI reaches 125.18% and total cumulative return in cash sums $498,886. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $10,590/mo property income instead of your personal income.
Condo
Built in 1984
N/A lot
$N/A/sqft
$1,266 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10016, New York, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 41,052 (100%) |
| Owner Occupied HU | 8,730 (21.3%) |
| Renter Occupied HU | 26,763 (65.2%) |
| Vacant Housing Units | 5,559 (13.5%) |
| Median Home Value | $1,031,364 |
| Average Home Value | $1,209,032 |
Housing Distribution
Address Breakdown
Residential
37,372
Single Family
320
Multi-Family
37,052
Businesses
3,608
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