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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in New York at 229 E 2nd St #1A, New York, NY, 10009 offers a 7.28% rental yield on a $972,400 purchase with $5,900/mo rent. 84% in year one. Equity gained on principal adds $6,275/yr while 5% annual appreciation supports $268,656 over five years. Portfolio math shows five-year ROI at 92.32% and total cumulative return in cash at $295,358. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,900/mo property income against a $4,759/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Home Type Unknown
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 10009, New York, NY area.
| 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 |
Residential
32,533
Single Family
260
Multi-Family
32,273
Businesses
1,286
Date | Event | Price |
|---|---|---|
| 2024-07-09 | Listed for sale | $999,999 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A
