92 Horatio St APT 2GNew 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 92 Horatio St APT 2G, New York, NY, 10014 offers a 10.92% rental yield on a $1,100,000 purchase with $10,007/mo rent. Total monthly income registers $10,007/mo, and a $5,384/mo payment leaves $1,308/mo available for distribution. Annual cash flow reaches $15,700/yr on $356,400 to close, and return on cash invested stands at 24.77% in year one. Equity gained on principal adds $7,098/yr while 5% annual appreciation supports $303,910 over five years. Portfolio math shows five-year ROI at 131.15% and total cumulative return in cash at $467,419. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $10,007/mo property income against a $5,384/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1920
N/A lot
$N/A/sqft
$1,353 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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