91 Leonard St UNIT 6ENew YorkNY10013
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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
Rental property for sale in New York at 91 Leonard St UNIT 6E, New York, NY, 10013 generates $13,220/mo in rent and, after a $8,247/mo payment, leaves $742/mo in cash flow. Total monthly income is $13,220/mo, and annual cash flow is $8,905/yr on $545,940 invested. Return on cash invested sits at 22% in year one, and rental yield is 9.41% on a $1,685,000 entry. Equity gained on principal adds $10,873/yr, while 5% annual appreciation builds toward $465,534 over five years. Five-year ROI reaches 115.6% and total cumulative return in cash sums $631,106. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $13,220/mo property income rather than buyer’s personal income.
Condo
Built in 2016
N/A lot
$N/A/sqft
$1,226 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10013, New York, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,765 (100%) |
| Owner Occupied HU | 4,327 (25.8%) |
| Renter Occupied HU | 9,733 (58.1%) |
| Vacant Housing Units | 2,705 (16.1%) |
| Median Home Value | $2,000,001 |
| Average Home Value | $1,809,651 |
Housing Distribution
Address Breakdown
Residential
15,259
Single Family
310
Multi-Family
14,949
Businesses
4,417
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