409 Edgecombe Ave APT 9DNew YorkNY10032
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Nearby investment properties with comparable prices
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 409 Edgecombe Ave APT 9D, New York, NY, 10032 at $415,000 posts ROI 25.35% with $624/mo cash flow from $4,448/mo rent. Total monthly income equals $4,448/mo, and annual cash flow records $7,487/yr on $137,573 to close. Return on cash invested measures 25.35% and rental yield reads 12.86% at the current $415,000. Equity gained on principal adds $2,678/yr, and 5% annual appreciation supports $114,657 by year five. Five-year ROI prints 135.99% and total cumulative return in cash totals $187,089.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,448/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1917
N/A lot
$N/A/sqft
$1,053 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10032, New York, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,269 (100%) |
| Owner Occupied HU | 1,998 ( 9.0%) |
| Renter Occupied HU | 18,781 (84.3%) |
| Vacant Housing Units | 1,490 ( 6.7%) |
| Median Home Value | $648,847 |
| Average Home Value | $729,167 |
Housing Distribution
Address Breakdown
Residential
22,002
Single Family
251
Multi-Family
21,751
Businesses
898
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