638 Washington St APT 2BNew 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 638 Washington St APT 2B, New York, NY, 10014 listed at $1,080,000 pairs $3,933/mo rent with a $5,286/mo payment. Total monthly income runs $3,933/mo. Return on cash invested measures 9.12% in year one, and rental yield registers 4.37% at a $1,080,000 basis. Equity gained on principal adds $6,969/yr, and annual property appreciation at 5% supports $298,384 by year five. Five-year ROI tracks 45.57% and total cumulative return in cash totals $159,448. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,933/mo property income relative to a $5,286/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in N/A
N/A lot
$N/A/sqft
No 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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