241 E 7th St APT 1BNew YorkNY10009
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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 241 E 7th St APT 1B, New York, NY, 10009 listed at $415,000 pairs $2,469/mo rent with a $2,031/mo payment. Total monthly income runs $2,469/mo. Return on cash invested measures 17.27% in year one, and rental yield registers 7.14% at a $415,000 basis. Equity gained on principal adds $2,678/yr, and annual property appreciation at 5% supports $114,657 by year five. Five-year ROI tracks 89.34% and total cumulative return in cash totals $122,901. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,469/mo property income relative to a $2,031/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1900
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10009, New York, NY area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
32,533
Single Family
260
Multi-Family
32,273
Businesses
1,286
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