240 E 10th St APT 8ANew YorkNY10003
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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
Rental property for sale in New York at 240 E 10th St APT 8A, New York, NY, 10003 generates $9,331/mo in rent and, after a $2,124/mo payment, leaves $4,966/mo in cash flow. Total monthly income is $9,331/mo, and annual cash flow is $59,595/yr on $143,861 invested. Return on cash invested sits at 61.33% in year one, and rental yield is 25.8% on a $433,971 entry. Equity gained on principal adds $2,800/yr, while 5% annual appreciation builds toward $119,898 over five years. Five-year ROI reaches 330.09% and total cumulative return in cash sums $474,865. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $9,331/mo property income rather than buyer’s personal income.
Condo
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10003, New York, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 32,236 (100%) |
| Owner Occupied HU | 8,911 (27.6%) |
| Renter Occupied HU | 19,242 (59.7%) |
| Vacant Housing Units | 4,083 (12.7%) |
| Median Home Value | $1,114,519 |
| Average Home Value | $1,316,464 |
Housing Distribution
Address Breakdown
Residential
30,451
Single Family
507
Multi-Family
29,944
Businesses
2,754
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