88 Bleecker St APT 6CNew 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 6C, New York, NY, 10012 with 5% annual appreciation on a $795,000 basis while $7,247/mo rent supports operations. Total monthly income totals $7,247/mo and a $3,891/mo payment preserves $1,938/mo for cash returns. Annual cash flow comes to $23,259/yr on $261,555 deployed, and return on cash invested reaches 28.95% in year one. Equity gained on principal adds $5,130/yr, and five-year appreciation sums $219,644 alongside rental yield of 10.94%. Five-year ROI measures 151.96% and total cumulative return in cash totals $397,462.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $7,247/mo property income versus a $3,891/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 1961
N/A lot
$N/A/sqft
No 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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