380 Rector Pl APT 9J, New York, NY, 10280 | $1,188/mo Cash Flow

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380 Rector Pl APT 9J, New York, NY, 10280 | $1,188/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in New York at 380 Rector Pl APT 9J, New York, NY, 10280 uses $179,305 cash to close to unlock $14,257/yr annual cash flow and $1,188/mo monthly cash flow. Total monthly income runs $4,828/mo, and a $2,668/mo payment keeps the spread at $1,188/mo. Purchase price stands at $545,000, and rental yield measures 10.63% with $4,828/mo rent. Return on cash invested shows 28.01% in year one, and 5% annual appreciation builds toward $150,573 over five years. Five-year ROI reaches 146.93% and total cumulative return in cash records $263,448. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,828/mo property income covering a $2,668/mo payment rather than investor’s personal income.

Condo

Built in 1987

N/A lot

$N/A/sqft

No HOA

More details about the property

Liberty Terrace Units 9H & 9J A rare and compelling opportunity to acquire two adjacent residences at Liberty TerraceUnit 9H, offered at $2,450,000, and Unit 9J, offered at $545,000. Together, they span approximately 2,100 square feet of interior living space and feature an extraordinary private terrace of over 1,100 square feet with panoramic, unobstructed views of the Hudson River to the north, west, and south. This unique combination offers the flexibility to create a custom 3-bedroom, 3.5-bathroom home or to retain the residences as two separate unitstailored to your lifestyle and needs. The two homes are being sold together at $2,995,000 and will not be offered individually. Bring your architect and imagination to realize the full potential of this waterfront opportunity. For more information or to schedule a private tour, please contact me directly.

Neighborhood Data

Neighborhood data shown for ZIP Code: 10280, New York, NY area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	5,426 (100%)
Owner Occupied HU	1,550 (28.6%)
Renter Occupied HU	3,384 (62.4%)
Vacant Housing Units	492 ( 9.1%)
Median Home Value	$1,096,026
Average Home Value	$1,315,710