38 W 11th StNew YorkNY10011
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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 38 W 11th St, New York, NY, 10011 projects strong ROI of 3.2%. Rental yield 2.45%. With 5% annual appreciation, the property builds $3,080,539 in value over five years. Equity growth combined delivers a projected five-year ROI of 13.79%, translating into $498,081 in total cumulative return on $3,612,600 invested capital. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.
Single Family
Built in 1841
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10011, New York, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 34,957 (100%) |
| Owner Occupied HU | 10,815 (30.9%) |
| Renter Occupied HU | 19,813 (56.7%) |
| Vacant Housing Units | 4,329 (12.4%) |
| Median Home Value | $1,184,111 |
| Average Home Value | $1,321,727 |
Housing Distribution
Address Breakdown
Residential
32,777
Single Family
554
Multi-Family
32,223
Businesses
2,828
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