227 E 7th St #1New 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 227 E 7th St #1, New York, NY, 10009 with 5% annual appreciation on a $1,825,000 basis while $13,974/mo rent supports operations. Total monthly income totals $13,974/mo and a $8,932/mo payment preserves $978/mo for cash returns. Annual cash flow comes to $11,741/yr on $591,300 deployed, and return on cash invested reaches 22.36% in year one. Equity gained on principal adds $11,776/yr, and five-year appreciation sums $504,214 alongside rental yield of 9.19%. Five-year ROI measures 117.11% and total cumulative return in cash totals $692,484.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $13,974/mo property income versus a $8,932/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 2015
N/A lot
$N/A/sqft
$809 monthly 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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