








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in New York at 18 Eldridge St APT 2B, New York, NY, 10002 generates $4,898/mo in rent, after a $3,416/mo payment. Total monthly income is $4,898/mo. Return on cash invested sits at 19.76% in year one, and rental yield is 8.42% on a $698,000 entry. Equity gained on principal adds $4,504/yr, while 5% annual appreciation builds toward $192,845 over five years. Five-year ROI reaches 103.25% and total cumulative return in cash sums $237,096. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,898/mo property income rather than buyer’s personal income.
Condo
Built in 2007
N/A lot
$N/A/sqft
$294 monthly HOA
Neighborhood data shown for ZIP Code: 10002, New York, NY area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 40,854 (100%) |
| Owner Occupied HU | 6,264 (15.3%) |
| Renter Occupied HU | 31,158 (76.3%) |
| Vacant Housing Units | 3,432 ( 8.4%) |
| Median Home Value | $821,930 |
| Average Home Value | $952,686 |
Residential
38,568
Single Family
2,061
Multi-Family
36,507
Businesses
2,805
Date | Event | Price |
|---|---|---|
| 2024-04-26 | Listed for sale | $698,000 |
| 2024-02-24 | Listing removed | N/A |
| 2023-10-04 | Price change | $698,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-14 | N/A | N/A | $97,241 | -0.98% |
| 2022-10-14 | N/A | N/A | $98,205 | 4.53% |
| 2021-10-14 | N/A | N/A | $93,953 | -8.26% |



Listed by: FengZhen (Cindy) Chen • E House Realty & Mgt. Inc.
Mls Name: BNYMLS
Mls Provider:
Mls ID: #481588
Disclaimer: The property information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the participating Brokers.