650 E 6th StNew YorkNY10009
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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
Rental property for sale in New York at 650 E 6th St, New York, NY, 10009 priced at $1,156,000 pairs $10,793/mo rent with after a $5,658/mo payment. Total monthly income equals $10,793/mo. Return on cash invested is 17.11% in year one, and rental yield stands at 11.2% on a $1,156,000 basis. Equity gained on principal adds $7,459/yr, and 5% annual appreciation accumulates to $319,381 by year five. Five-year ROI measures 93.16% and total cumulative return in cash reaches $348,921. For financing, Ziffy Mortgage’s DSCR program evaluates $10,793/mo property income against a $5,658/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 2021
1,940 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10009, New York, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 33,143 (100%) |
| Owner Occupied HU | 3,150 ( 9.5%) |
| Renter Occupied HU | 27,711 (83.6%) |
| Vacant Housing Units | 2,282 ( 6.9%) |
| Median Home Value | $825,844 |
| Average Home Value | $931,918 |
Housing Distribution
Address Breakdown
Residential
32,533
Single Family
260
Multi-Family
32,273
Businesses
1,286
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