50 Franklin St APT 8DNew YorkNY10013
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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 50 Franklin St APT 8D, New York, NY, 10013 with 5% annual appreciation on a $1,495,000 basis while $5,394/mo rent supports operations. Equity gained on principal adds $9,647/yr, and five-year appreciation sums $413,041 alongside rental yield of 4.33%. Five-year ROI measures 44.9% and total cumulative return in cash totals $217,489. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $5,394/mo property income versus a $7,317/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 2007
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10013, New York, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,765 (100%) |
| Owner Occupied HU | 4,327 (25.8%) |
| Renter Occupied HU | 9,733 (58.1%) |
| Vacant Housing Units | 2,705 (16.1%) |
| Median Home Value | $2,000,001 |
| Average Home Value | $1,809,651 |
Housing Distribution
Address Breakdown
Residential
15,259
Single Family
310
Multi-Family
14,949
Businesses
4,417
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