115 E 9th St APT 11P, New York, NY, 10003 | 7.53% Rental Yield

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115 E 9th St APT 11P, New York, NY, 10003 | 7.53% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

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

Investment property for sale in New York at 115 E 9th St APT 11P, New York, NY, 10003 offers a 7.53% rental yield on a $550,000 purchase with $3,451/mo rent. 33% in year one. Equity gained on principal adds $3,549/yr while 5% annual appreciation supports $151,955 over five years. Portfolio math shows five-year ROI at 75.08% and total cumulative return in cash at $135,850. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,451/mo property income against a $2,692/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Condo

Built in 1965

N/A lot

$N/A/sqft

$643 monthly HOA

More details about the property

BACK ON THE MARKET - Welcome home to this high floor bright studio apartment in a prime Greenwich Village location. The apartment features an open wall of Western windows, great closet space, beautiful hardwood floors and a renovated kitchen and bathroom. Well run coop with no underlying mortgage and low maintenance. Built in 1964 The Sant. Mark is a full service building situated in a prime Greenwich Village location just off Astor Place. This pet friendly building features a full time doorman, resident manager, children's playroom, laundry room, parking garage, and additional general and bicycle storage. Central location steps to Union Square, Washington Square and Tompkins Park as well as all neighborhood amenities including Whole Foods, Trader Joes, as well as subway and bus transportation. Coop board approval required.

Neighborhood Data

Neighborhood data shown for ZIP Code: 10003, New York, NY area.

Housing Distribution

Housing Statistics

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