24 Cornelia St APT 2New 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 2, New York, NY, 10014 with 5% annual appreciation on a $499,000 basis while $2,927/mo rent supports operations. 97% in year one. Equity gained on principal adds $3,220/yr, and five-year appreciation sums $137,865 alongside rental yield of 7.04%. Five-year ROI measures 87.74% and total cumulative return in cash totals $145,146. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,927/mo property income versus a $2,442/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
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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