60 E 8th St APT 15J, New York, NY, 10003 | 5.98% Rental Yield

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60 E 8th St APT 15J, New York, NY, 10003 | 5.98% 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

Investment property for sale in New York at 60 E 8th St APT 15J, New York, NY, 10003 listed at $960,000 pairs $4,781/mo rent with a $4,699/mo payment. Total monthly income runs $4,781/mo. Return on cash invested measures 13.87% in year one, and rental yield registers 5.98% at a $960,000 basis. Equity gained on principal adds $6,195/yr, and annual property appreciation at 5% supports $265,230 by year five. Five-year ROI tracks 71.05% and total cumulative return in cash totals $224,397. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,781/mo property income relative to a $4,699/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Condo

Built in 1965

N/A lot

$N/A/sqft

No HOA

More details about the property

Experience comfort and style in this extra-large studio featuring 9-foot ceilings and abundant closet space. natural light in one of Greenwich Villages premier full-service buildings. Building Amenities: Georgetown Plaza is a premier full-service building with a wide array of luxury amenities, including: 24-hour doorman and concierge service Washer & dryer on every floor Landscaped rooftop deck with panoramic views Outdoor swimming pool Fully equipped fitness center Resident storage and bicycle room On-site parking garage with direct building access Beautifully maintained plaza with fountain and gardens Additionally, the building features its own power generation system, ensuring essential services remain operational during power outages. Prime Location: Ideally located in the heart of Greenwich Village, Georgetown Plaza is moments from Union Square, Washington Square Park, NYU, and an array of top-tier shopping, dining, and entertainment options. Enjoy unparalleled convenience with the N/R/W/6 subway lines just downstairs, as well as nearby Whole Foods, Trader Joes, movie theaters, and cultural attractions.

Neighborhood Data

Neighborhood data shown for ZIP Code: 10003, New York, NY area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	32,236 (100%)
Owner Occupied HU	8,911 (27.6%)
Renter Occupied HU	19,242 (59.7%)
Vacant Housing Units	4,083 (12.7%)
Median Home Value	$1,114,519
Average Home Value	$1,316,464