383-389 E 10th St #B3New 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
Rental property for sale in New York at 383-389 E 10th St #B3, New York, NY, 10009 generates $12,296/mo in rent and, after a $7,073/mo payment, leaves $2,119/mo in cash flow. Total monthly income is $12,296/mo, and annual cash flow is $25,429/yr on $468,180 invested. Return on cash invested sits at 25.8% in year one, and rental yield is 10.21% on a $1,445,000 entry. Equity gained on principal adds $9,324/yr, while 5% annual appreciation builds toward $399,227 over five years. Five-year ROI reaches 135.49% and total cumulative return in cash sums $634,355. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $12,296/mo property income rather than buyer’s personal income.
Condo
Built in 1999
N/A lot
$N/A/sqft
$527 monthly 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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