








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 115 E 9th St APT 10E, New York, NY, 10003 priced at $1,450,000 converts $7,980/mo rent into after a $7,097/mo obligation. Total monthly income equals $7,980/mo. Return on cash invested prints 10.45% in year one, and rental yield reads 6.6% against a $1,450,000 entry. Equity gained on principal adds $9,357/yr, while 5% annual appreciation compiles into $400,608 by year five. Five-year ROI reaches 54.72% and total cumulative return in cash sums $257,085. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $7,980/mo property income covering a $7,097/mo payment, not borrower’s personal income.
Condo
Built in 1965
N/A lot
$N/A/sqft
$2,179 monthly HOA
Neighborhood data shown for ZIP Code: 10003, New York, NY area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 32,236 (100%) |
| Owner Occupied HU | 8,911 (27.6%) |
| Renter Occupied HU | 19,242 (59.7%) |
| Vacant Housing Units | 4,083 (12.7%) |
| Median Home Value | $1,114,519 |
| Average Home Value | $1,316,464 |
Residential
30,451
Single Family
507
Multi-Family
29,944
Businesses
2,754
Date | Event | Price |
|---|---|---|
| 2024-09-27 | Price change | $1,450,000 |
| 2024-07-29 | Listed for sale | $1,495,000 |
| 2016-12-21 | Sold | $1,400,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2010-10-14 | N/A | N/A | N/A | N/A |



Listed by: Barak Dunayer - Licensed Associate Real Estate Broker • Douglas Elliman
Mls Name: StreetEasy
Mls ID: #23121439