155 E 2nd St APT 4D, New York, NY, 10009 | $89/mo Cash Flow

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155 E 2nd St APT 4D, New York, NY, 10009 | $89/mo Cash Flow | 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 155 E 2nd St APT 4D, New York, NY, 10009 offers a 8.28% rental yield on a $399,999 purchase with $2,760/mo rent. Total monthly income registers $2,760/mo, and a $1,958/mo payment leaves $89/mo available for distribution. Annual cash flow reaches $1,064/yr on $132,600 to close, and return on cash invested stands at 20.71% in year one. Equity gained on principal adds $2,581/yr while 5% annual appreciation supports $110,512 over five years. Portfolio math shows five-year ROI at 107.79% and total cumulative return in cash at $142,935. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,760/mo property income against a $1,958/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Condo

Built in 1900

N/A lot

$N/A/sqft

No HOA

More details about the property

Board approved / No longer showing Penthouse 1Bed, youre sure to adore, In the East Village, Maintenance $490/ mo renovated with more. A spacious living room, ceilings that soar; tall sunny windows, youll love whats in store. An eat-in kitchen, clean and bright, Perfect for meals morning to night. The bedroom fits a queen with ease, A cozy retreat to sleep as you please. The bath has a skylight , window, and a tub full-size, Soak and relax a daily prize. Wood floors shine with a golden glow, Reflecting the sunlight in a warm, soft show. No elevator, but four quick flights A little climb for lofty heights. Pets are allowed but washer/dryers are not, Fold/Wash that picks and delivers to your door, now thats hot. Not too bad, my buttercup friend, Youll reach the top before days end. With nightlife, shops, and food galore, This neighborhood has so much to explore. Finances solid, so bring that loan, This could be your forever home. Ready to move in, come turn the key. Homeownership goals obtainable, a reality

Neighborhood Data

Neighborhood data shown for ZIP Code: 10009, New York, NY area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	33,143 (100%)
Owner Occupied HU	3,150 ( 9.5%)
Renter Occupied HU	27,711 (83.6%)
Vacant Housing Units	2,282 ( 6.9%)
Median Home Value	$825,844
Average Home Value	$931,918