162 9th Ave APT B, New York, NY, 10011 | $558/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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162 9th Ave APT B, New York, NY, 10011 | $558/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

Rental property for sale in New York at 162 9th Ave APT B, New York, NY, 10011 generates $5,226/mo in rent and, after a $3,421/mo payment, leaves $558/mo in cash flow. Total monthly income is $5,226/mo, and annual cash flow is $6,701/yr on $229,971 invested. Return on cash invested sits at 22.97% in year one, and rental yield is 8.97% on a $699,000 entry. Equity gained on principal adds $4,511/yr, while 5% annual appreciation builds toward $193,121 over five years. Five-year ROI reaches 119.9% and total cumulative return in cash sums $275,726. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,226/mo property income rather than buyer’s personal income.

Condo

Built in N/A

N/A lot

$N/A/sqft

No HOA

More details about the property

Discover the perfect blend of charm, comfort, and privacy in this delightful garden apartment, tucked away on one of Chelseas most picturesque and sought-after blocks. From the moment you arrive, your very own private entrance on 20th Street welcomes you home, offering a sense of peace and individuality rarely found in Manhattan living. Step inside to a space that immediately feels warm and inviting. The beautifully renovated kitchen makes cooking a joy, while the spacious living room, with its exposed brick walls and decorative fireplace, sets the stage for relaxing evenings or intimate gatherings with friends. The bedroom is a true retreat, featuring a generous walk-in closet and a serene, windowed en-suite bathroom filled with natural light. For added convenience, the home includes an in-unit washer and dryer, making everyday living effortless. Set within a friendly, intimate co-op community, this home offers all the perks of townhouse living with the vibrant culture, dining, and energy of Chelsea right outside your door. Whether youre looking for a peaceful haven in the city or a welcoming space to share with loved ones, this home is ready to make you fall in love. Schedule your private showing today and see why this apartment is so special.

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