2 Horatio St APT 4BNew YorkNY10014
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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 2 Horatio St APT 4B, New York, NY, 10014 priced at $669,000 pairs $3,490/mo rent with after a $3,274/mo payment. Total monthly income equals $3,490/mo. Return on cash invested is 14.73% in year one, and rental yield stands at 6.26% on a $669,000 basis. Equity gained on principal adds $4,317/yr, and 5% annual appreciation accumulates to $184,832 by year five. Five-year ROI measures 75.69% and total cumulative return in cash reaches $166,599. For financing, Ziffy Mortgage’s DSCR program evaluates $3,490/mo property income against a $3,274/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1931
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10014, New York, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,730 (100%) |
| Owner Occupied HU | 5,412 (24.9%) |
| Renter Occupied HU | 13,475 (62.0%) |
| Vacant Housing Units | 2,843 (13.1%) |
| Median Home Value | $1,392,361 |
| Average Home Value | $1,447,235 |
Housing Distribution
Address Breakdown
Residential
21,224
Single Family
782
Multi-Family
20,442
Businesses
1,845
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