88 Bleecker St APT 3KNew YorkNY10012
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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 88 Bleecker St APT 3K, New York, NY, 10012 listed at $625,000 pairs $11,566/mo rent with a $3,059/mo payment to leave $5,948/mo cash flow. Total monthly income runs $11,566/mo, and annual cash flow reaches $71,381/yr on $205,625 cash to close. Return on cash invested measures 54.77% in year one, and rental yield registers 22.21% at a $625,000 basis. Equity gained on principal adds $4,033/yr, and annual property appreciation at 5% supports $172,676 by year five. Five-year ROI tracks 293.48% and total cumulative return in cash totals $603,469. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $11,566/mo property income relative to a $3,059/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1961
N/A lot
$N/A/sqft
$1,444 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10012, New York, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,191 (100%) |
| Owner Occupied HU | 2,772 (18.2%) |
| Renter Occupied HU | 10,378 (68.3%) |
| Vacant Housing Units | 2,041 (13.4%) |
| Median Home Value | $1,397,017 |
| Average Home Value | $1,448,345 |
Housing Distribution
Address Breakdown
Residential
14,177
Single Family
248
Multi-Family
13,929
Businesses
2,572
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