217 E 5th St APT 8, New York, NY, 10003 | 6.05% Rental Yield

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

217 E 5th St APT 8, New York, NY, 10003 | 6.05% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

1 Bed
1 Bath
687 sft

187 Wayne St APT 207C, Jersey City, NJ, 07302

2 Bed
1 Bath
1234 sft

6511 Fort Hamilton Pkwy #3C, Brooklyn, NY, 11219

Investment Property+ 2 more

4 Bed
2 Bath
1820 sft

1756 Richmond Ter, Staten Island, NY, 10310

4 Bed
2 Bath
2100 sft

54 Purcell St, Staten Island, NY, 10310

Nearby investment properties with comparable prices

2 Bed
2 Bath
1003 sft

316 2nd Street UNIT 1, Jersey City, NJ, 07302

4 Bed
4 Bath
- sft

258A Fairmount Ave, Jersey City, NJ, 07306

2 Bed
2 Bath
1769 sft

769 Montgomery St #215, Jersey City, NJ, 07306

1 Bed
1 Bath
750 sft

423 Hicks St APT 3H, Brooklyn, NY, 11201

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

Explore more listings using simple english

Investment Highlights

Rental property for sale in New York at 217 E 5th St APT 8, New York, NY, 10003 generates $3,504/mo in rent, after a $3,402/mo payment. Total monthly income is $3,504/mo. Return on cash invested sits at 7.06% in year one, and rental yield is 6.05% on a $695,000 entry. Equity gained on principal adds $4,485/yr, while 5% annual appreciation builds toward $192,016 over five years. Five-year ROI reaches 37.13% and total cumulative return in cash sums $84,894. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,504/mo property income rather than buyer’s personal income.

Condo

Built in 1920

N/A lot

$N/A/sqft

$1,339 monthly HOA

More details about the property

RARE EAST VILLAGE 1-BEDROOM EXPOSED BRICK, SUNLIT SPACES & SKY-HIGH CHARM! Welcome to this stunning 1-bedroom loft home in the heart of the East Village, just a stone's throw away from NoHo and Union Square. Perched on the 4th floor of a pre-war walkup, this expansive residence stretches the full length of the building, offering a bright, airy layout with 11ft ceilings and a seamless blend of historic character and modern design. Step inside and be greeted by gorgeous exposed brick walls, adding warmth, texture, and that unmistakable NYC charm. Two decorative fireplaces elevate the space with additional character, offering cozy focal points in the living area and bedroom. Natural light pours through oversized windows, with the south-facing living area overlooking a quiet, tree-lined street, while the north-facing bedroom provides a peaceful retreat with serene courtyard views. The chefs kitchen is thoughtfully designed with sleek stainless steel appliances, an electric stove, and a beautiful skylight that enhances the space with natural brightness. This home is the perfect mix of style, space, and historic character, making it a rare find in one of Manhattans most exciting neighborhoods. Sublets allowed after 1 year of residency Co-Purchasing Allowed Parents Buying for Employed Child(ren) Allowed Pied-a-Terre - Not Allowed Parents Buying for Student Child(ren) - Not Allowed In Unit Washers/Dryers - Not Allowed

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