299 W 12th St APT 6BNew 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
Total monthly income runs $4,533/mo, and a $5,800/mo payment. Purchase price stands at $1,185,000, and rental yield measures 4.59% with $4,533/mo rent. Return on cash invested shows 9.8% in year one, and 5% annual appreciation builds toward $327,394 over five years. Five-year ROI reaches 49.22% and total cumulative return in cash records $188,970. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,533/mo property income covering a $5,800/mo payment rather than investor’s personal income.
Condo
Built in 1930
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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