264 Water St APT 6CNew YorkNY10038
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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 264 Water St APT 6C, New York, NY, 10038 earns from $4,982/mo rent with a $7,464/mo payment. Total monthly income totals $4,982/mo. ROI tracks 7.74% on current figures, and rental yield reads 3.92% at a $1,525,000 purchase. Equity gained on principal adds $9,841/yr, and 5% annual appreciation supports $421,329 over five years. Five-year ROI reaches 38.13% and total cumulative return in cash sums $188,400. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,982/mo property income instead of your personal income.
Condo
Built in 1900
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10038, New York, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,600 (100%) |
| Owner Occupied HU | 2,863 (21.1%) |
| Renter Occupied HU | 8,937 (65.7%) |
| Vacant Housing Units | 1,800 (13.2%) |
| Median Home Value | $894,071 |
| Average Home Value | $1,101,949 |
Housing Distribution
Address Breakdown
Residential
13,418
Single Family
55
Multi-Family
13,363
Businesses
1,334
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