








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in New York at 649 2nd Ave APT 4H, New York, NY, 10016 priced at $370,000 converts $2,578/mo rent into $107/mo cash flow after a $1,811/mo obligation. Total monthly income equals $2,578/mo, and annual cash flow totals $1,286/yr on $122,655 invested. Return on cash invested prints 20.96% in year one, and rental yield reads 8.36% against a $370,000 entry. Equity gained on principal adds $2,388/yr, while 5% annual appreciation compiles into $102,224 by year five. Five-year ROI reaches 109.13% and total cumulative return in cash sums $133,853. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,578/mo property income covering a $1,811/mo payment, not borrower’s personal income.
Condo
Built in 1960
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 10016, New York, NY area.
| 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 |
Residential
37,372
Single Family
320
Multi-Family
37,052
Businesses
3,608
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Rory Clark • Brown Harris Stevens
Mls Name: StreetEasy
Mls ID: #S1789082