123 Washington St APT 27DNew YorkNY10006
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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 123 Washington St APT 27D, New York, NY, 10006 priced at $1,033,850 converts $9,701/mo rent into $1,166/mo cash flow after a $5,060/mo obligation. Total monthly income equals $9,701/mo, and annual cash flow totals $13,996/yr on $334,967 invested. Return on cash invested prints 24.55% in year one, and rental yield reads 11.26% against a $1,033,850 entry. Equity gained on principal adds $6,671/yr, while 5% annual appreciation compiles into $285,634 by year five. Five-year ROI reaches 130.4% and total cumulative return in cash sums $436,811. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $9,701/mo property income covering a $5,060/mo payment, not borrower’s personal income.
Condo
Built in 2010
N/A lot
$N/A/sqft
$1,631 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10006, New York, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,605 (100%) |
| Owner Occupied HU | 306 (11.7%) |
| Renter Occupied HU | 1,922 (73.8%) |
| Vacant Housing Units | 377 (14.5%) |
| Median Home Value | $1,093,023 |
| Average Home Value | $1,164,624 |
Housing Distribution
Address Breakdown
Residential
2,816
Single Family
4
Multi-Family
2,812
Businesses
542
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