2 S End Ave APT 6H, New York, NY, 10280 | 11.01% Rental Yield

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2 S End Ave APT 6H, New York, NY, 10280 | 11.01% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in New York at 2 S End Ave APT 6H, New York, NY, 10280 priced at $550,000 converts $5,045/mo rent into after a $2,692/mo obligation. Total monthly income equals $5,045/mo. Return on cash invested prints 18.88% in year one, and rental yield reads 11.01% against a $550,000 entry. Equity gained on principal adds $3,549/yr, while 5% annual appreciation compiles into $151,955 by year five. Five-year ROI reaches 101.65% and total cumulative return in cash sums $183,934. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,045/mo property income covering a $2,692/mo payment, not borrower’s personal income.

Condo

Built in 1990

N/A lot

$N/A/sqft

$1,285 monthly HOA

More details about the property

Welcome to this charming and sun-filled one-bedroom apartment on the 6th floor of the Cove Club, offering modern upgrades and breathtaking views. The renovated unit features beautiful hardwood floors throughout, a bright north-facing living room with expansive windows, and a cozy dining nook. The stylish pass-through kitchen is equipped with sleek cream cabinetry, granite countertops, and stainless steel appliances, including a GE 5-burner stove, microwave, and a contemporary Fisher & Paykel refrigeratorideal for both cooking and entertaining. The bedroom offers ample closet space, tranquil city views, and room for additional furniture. The marble bathroom has been meticulously maintained, completing this stylish and comfortable residence. The marble bathroom has been maintained, completing this stylish and comfortable residence. The Cove Club is an elegant condominium in Battery Park City, offering premium amenities such as a 24-hour doorman, live-in super, fitness center, residents' lounge with a pool table, party room, landscaped garden deck, and a rooftop terrace with breathtaking panoramic views of the Statue of Liberty and Lower Manhattan. Enjoy the best of Battery Park City living, with its scenic waterfront promenades, biking paths, parks, restaurants, and easy access to shopping and public transportationall just steps from your front door.

Neighborhood Data

Neighborhood data shown for ZIP Code: 10280, New York, NY area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	5,426 (100%)
Owner Occupied HU	1,550 (28.6%)
Renter Occupied HU	3,384 (62.4%)
Vacant Housing Units	492 ( 9.1%)
Median Home Value	$1,096,026
Average Home Value	$1,315,710