








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 Manhattan at 23 W 9th St APT 3R, Manhattan, NY, 10011 offers a 11% rental yield on a $795,000 purchase with $7,285/mo rent. Total monthly income registers $7,285/mo, and a $3,891/mo payment leaves $1,976/mo available for distribution. Annual cash flow reaches $23,715/yr on $261,555 to close, and return on cash invested stands at 29.13% in year one. Equity gained on principal adds $5,130/yr while 5% annual appreciation supports $219,644 over five years. Portfolio math shows five-year ROI at 152.9% and total cumulative return in cash at $399,910. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $7,285/mo property income against a $3,891/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1852
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 10011, New York, NY area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 34,957 (100%) |
| Owner Occupied HU | 10,815 (30.9%) |
| Renter Occupied HU | 19,813 (56.7%) |
| Vacant Housing Units | 4,329 (12.4%) |
| Median Home Value | $1,184,111 |
| Average Home Value | $1,321,727 |
Residential
32,777
Single Family
554
Multi-Family
32,223
Businesses
2,828
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Sara Schwartz • Corcoran
Mls Name: StreetEasy
Mls ID: #S1786723