56 Jane St APT 2C, New York, NY, 10014 | 6.14% Rental Yield

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56 Jane St APT 2C, New York, NY, 10014 | 6.14% Rental Yield | 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

Rental property for sale in New York at 56 Jane St APT 2C, New York, NY, 10014 priced at $725,000 converts $3,710/mo rent into after a $3,549/mo obligation. Total monthly income equals $3,710/mo. Return on cash invested prints 14.37% in year one, and rental yield reads 6.14% against a $725,000 entry. Equity gained on principal adds $4,678/yr, while 5% annual appreciation compiles into $200,304 by year five. Five-year ROI reaches 73.74% and total cumulative return in cash sums $175,889. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,710/mo property income covering a $3,549/mo payment, not borrower’s personal income.

Condo

Built in 1940

N/A lot

$N/A/sqft

No HOA

More details about the property

Beautifully Renovated One-Bedroom Co-op at 56 Jane Street, West Village Welcome to your new home at 56 Jane Street, a stunning pre-war co-op tucked away on one of the most picturesque blocks in the West Village. Perfectly located near Abingdon Square Park, this renovated one-bedroom apartment blends classic charm with modern design. Step inside and feel instantly at home. The bright, open living space is accented by white oak hardwood floors, high ceilings, and custom closets for effortless storage. The modern kitchen features custom cabinetry and a well-designed layout perfect for cooking and entertaining. The bathroom is beautifully finished with Carrara marble tile and contemporary fixtures, offering a refined, spa-like retreat. The apartments converted alcove layout provides flexibility for a dining area, office nook, or expanded living space. This intimate, low-rise co-op building captures the peaceful side of the West Village while keeping you close to everything that makes downtown living special Hudson River Park, Bleecker Street boutiques, and beloved local cafs and restaurants. With easy access to the 1, 2, 3, A, C, E, and L trains, youll be perfectly connected to the rest of the city. Pets are welcome. Experience the best of West Village living a timeless home in one of Manhattans most desirable neighborhoods.

Neighborhood Data

Neighborhood data shown for ZIP Code: 10014, New York, NY area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	21,730 (100%)
Owner Occupied HU	5,412 (24.9%)
Renter Occupied HU	13,475 (62.0%)
Vacant Housing Units	2,843 (13.1%)
Median Home Value	$1,392,361
Average Home Value	$1,447,235