195 Edgecombe AveNew YorkNY10030
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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
Rental property for sale in New York at 195 Edgecombe Ave, New York, NY, 10030 generates $5,942/mo in rent, after a $8,932/mo payment. Total monthly income is $5,942/mo. Return on cash invested sits at 7.7% in year one, and rental yield is 3.91% on a $1,825,000 entry. Equity gained on principal adds $11,776/yr, while 5% annual appreciation builds toward $504,214 over five years. Five-year ROI reaches 37.91% and total cumulative return in cash sums $224,184. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,942/mo property income rather than buyer’s personal income.
Multi Family
Built in 1901
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10030, New York, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,664 (100%) |
| Owner Occupied HU | 1,537 (11.2%) |
| Renter Occupied HU | 10,955 (80.2%) |
| Vacant Housing Units | 1,172 ( 8.6%) |
| Median Home Value | $724,319 |
| Average Home Value | $903,176 |
Housing Distribution
Address Breakdown
Residential
12,378
Single Family
495
Multi-Family
11,883
Businesses
375
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