180 Avenue Of The Amer #6BNew YorkNY10013
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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
Investment property for sale in New York at 180 Avenue Of The Amer #6B, New York, NY, 10013 offers a 28.6% rental yield on a $1,509,702 purchase with $35,978/mo rent. Total monthly income registers $35,978/mo, and a $7,389/mo payment leaves $20,634/mo available for distribution. Annual cash flow reaches $247,610/yr on $489,143 to close, and return on cash invested stands at 70.99% in year one. Equity gained on principal adds $9,742/yr while 5% annual appreciation supports $417,103 over five years. Portfolio math shows five-year ROI at 382.01% and total cumulative return in cash at $1,868,577. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $35,978/mo property income against a $7,389/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2016
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10013, New York, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,765 (100%) |
| Owner Occupied HU | 4,327 (25.8%) |
| Renter Occupied HU | 9,733 (58.1%) |
| Vacant Housing Units | 2,705 (16.1%) |
| Median Home Value | $2,000,001 |
| Average Home Value | $1,809,651 |
Housing Distribution
Address Breakdown
Residential
15,259
Single Family
310
Multi-Family
14,949
Businesses
4,417
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