186 E 2nd St APT 8New YorkNY10009
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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 186 E 2nd St APT 8, New York, NY, 10009 uses $180,621 cash to close to unlock $731/yr annual cash flow and $61/mo monthly cash flow. Total monthly income runs $5,057/mo, and a $2,687/mo payment keeps the spread at $61/mo. Purchase price stands at $549,000, and rental yield measures 11.05% with $5,057/mo rent. Return on cash invested shows 20.47% in year one, and 5% annual appreciation builds toward $151,679 over five years. Five-year ROI reaches 109.63% and total cumulative return in cash records $198,020. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,057/mo property income covering a $2,687/mo payment rather than investor’s personal income.
Condo
Built in 1920
N/A lot
$N/A/sqft
$1,330 monthly HOA
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 |
Housing Distribution
Address Breakdown
Residential
32,533
Single Family
260
Multi-Family
32,273
Businesses
1,286
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