211 E 18th St APT 2WNew YorkNY10003
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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 211 E 18th St APT 2W, New York, NY, 10003 uses $251,685 cash to close to unlock $8,961/yr annual cash flow and $747/mo monthly cash flow. Total monthly income runs $5,855/mo, and a $3,744/mo payment keeps the spread at $747/mo. Purchase price stands at $765,000, and rental yield measures 9.18% with $5,855/mo rent. Return on cash invested shows 23.62% in year one, and 5% annual appreciation builds toward $211,355 over five years. Five-year ROI reaches 123.36% and total cumulative return in cash records $310,475. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,855/mo property income covering a $3,744/mo payment rather than investor’s personal income.
Condo
Built in 1958
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10003, New York, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 32,236 (100%) |
| Owner Occupied HU | 8,911 (27.6%) |
| Renter Occupied HU | 19,242 (59.7%) |
| Vacant Housing Units | 4,083 (12.7%) |
| Median Home Value | $1,114,519 |
| Average Home Value | $1,316,464 |
Housing Distribution
Address Breakdown
Residential
30,451
Single Family
507
Multi-Family
29,944
Businesses
2,754
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