210 Canal St ROOM 510New YorkNY10013
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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 210 Canal St ROOM 510, New York, NY, 10013 offers a 9.69% rental yield on a $727,900 purchase with $5,879/mo rent. Total monthly income registers $5,879/mo, and a $3,563/mo payment leaves $521/mo available for distribution. Annual cash flow reaches $6,251/yr on $239,479 to close, and return on cash invested stands at 22.67% in year one. Equity gained on principal adds $4,697/yr while 5% annual appreciation supports $201,105 over five years. Portfolio math shows five-year ROI at 119.16% and total cumulative return in cash at $285,363. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,879/mo property income against a $3,563/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1920
N/A lot
$N/A/sqft
$497 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10013, New York, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,765 (100%) |
| Owner Occupied HU | 4,327 (25.8%) |
| Renter Occupied HU | 9,733 (58.1%) |
| Vacant Housing Units | 2,705 (16.1%) |
| Median Home Value | $2,000,001 |
| Average Home Value | $1,809,651 |
Housing Distribution
Address Breakdown
Residential
15,259
Single Family
310
Multi-Family
14,949
Businesses
4,417
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