61 Horatio St APT 5ENew YorkNY10014
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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 61 Horatio St APT 5E, New York, NY, 10014 at $599,000 posts ROI 44.55% with $4,022/mo cash flow from $9,122/mo rent. Total monthly income equals $9,122/mo, and annual cash flow records $48,261/yr on $197,071 to close. Return on cash invested measures 44.55% and rental yield reads 18.27% at the current $599,000. Equity gained on principal adds $3,865/yr, and 5% annual appreciation supports $165,493 by year five. Five-year ROI prints 238.02% and total cumulative return in cash totals $469,066.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $9,122/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1925
N/A lot
$N/A/sqft
$1,100 monthly HOA
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 |
Housing Distribution
Address Breakdown
Residential
21,224
Single Family
782
Multi-Family
20,442
Businesses
1,845
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