15 W 11th StManhattanNY10011
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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 Manhattan at 15 W 11th St, Manhattan, NY, 10011 priced at $1,895,000 converts $6,380/mo rent into after a $9,275/mo obligation. Total monthly income equals $6,380/mo. Return on cash invested prints 3.14% in year one, and rental yield reads 4.04% against a $1,895,000 entry. Equity gained on principal adds $12,228/yr, while 5% annual appreciation compiles into $523,554 by year five. Five-year ROI reaches 15.29% and total cumulative return in cash sums $93,857. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $6,380/mo property income covering a $9,275/mo payment, not borrower’s personal income.
Condo
Built in 1923
N/A lot
$N/A/sqft
$2,540 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10011, New York, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 34,957 (100%) |
| Owner Occupied HU | 10,815 (30.9%) |
| Renter Occupied HU | 19,813 (56.7%) |
| Vacant Housing Units | 4,329 (12.4%) |
| Median Home Value | $1,184,111 |
| Average Home Value | $1,321,727 |
Housing Distribution
Address Breakdown
Residential
32,777
Single Family
554
Multi-Family
32,223
Businesses
2,828
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