24 Cornelia St APT 13New YorkNY10014
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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 24 Cornelia St APT 13, New York, NY, 10014 offers a 7.53% rental yield on a $499,000 purchase with $3,131/mo rent. 45% in year one. Equity gained on principal adds $3,220/yr while 5% annual appreciation supports $137,865 over five years. Portfolio math shows five-year ROI at 95.69% and total cumulative return in cash at $158,286. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,131/mo property income against a $2,442/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10014, New York, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,730 (100%) |
| Owner Occupied HU | 5,412 (24.9%) |
| Renter Occupied HU | 13,475 (62.0%) |
| Vacant Housing Units | 2,843 (13.1%) |
| Median Home Value | $1,392,361 |
| Average Home Value | $1,447,235 |
Housing Distribution
Address Breakdown
Residential
21,224
Single Family
782
Multi-Family
20,442
Businesses
1,845
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