115 E 9th St APT 6R, Manhattan, NY, 10003 | 9.11% Rental Yield

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115 E 9th St APT 6R, Manhattan, NY, 10003 | 9.11% Rental Yield | Ziffy

Recently Sold

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 Manhattan at 115 E 9th St APT 6R, Manhattan, NY, 10003 earns from $5,695/mo rent with a $3,671/mo payment. Total monthly income totals $5,695/mo. ROI tracks 18.69% on current figures, and rental yield reads 9.11% at a $750,000 purchase. Equity gained on principal adds $4,840/yr, and 5% annual appreciation supports $207,211 over five years. Five-year ROI reaches 98.61% and total cumulative return in cash sums $243,318. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,695/mo property income instead of your personal income.

Condo

Built in 1965

N/A lot

$N/A/sqft

$969 monthly HOA

More details about the property

BACK ON MARKET, NEW PRICE $750,000!! Located in The St. Mark, a rare doorman building in the heart of the East Village. This inviting renovated one bedroom is not to be missed with it's low monthly maintenance of $969. A welcoming sun-filled home awaits where the living area provides incredible flexibility to include a dinning area and home office. A top-of the line separate chef's kitchen presents high quality marble countertops, ample custom cabinetry, Bertazzoni range and Bosch dishwasher. The gleaming porcelain tiled bathroom is modern and fresh adorned with sleek chrome hardware. Other features include cherry hardwood floors throughout and 3 large fully outfitted closets. Style married with functionality make this just the downtown apartment to call home. 115 East 9th Street is a full-service pet friendly cooperative with 24 hour doorman. Residents enjoy a wide range of amenities including world class staff including a resident manager, laundry facilities, bike room, children's playroom, storage for rent, and on-site parking. 115 East 9th Street is in close proximity to Union Square, Tompkins and Washington Square park, Whole Foods and newly opened fan favorite Wegmans. Easy access to public transportation including the L,N,Q,R,W,4,5,&6 train lines, multiple bus stops, and Citibike docking stations.

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