209 E 2nd Street #6New 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 209 E 2nd Street #6, New York, NY, 10009 earns from $7,615/mo rent with a $9,055/mo payment. Total monthly income totals $7,615/mo. ROI tracks 10.88% on current figures, and rental yield reads 4.94% at a $1,850,000 purchase. Equity gained on principal adds $11,938/yr, and 5% annual appreciation supports $511,121 over five years. Five-year ROI reaches 54.99% and total cumulative return in cash sums $329,605. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $7,615/mo property income instead of your personal income.
Condo
Built in 2005
1,585 sqft lot
$N/A/sqft
No 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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