102 E 22nd St APT 3BNew YorkNY10010
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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 102 E 22nd St APT 3B, New York, NY, 10010 priced at $720,000 converts $6,806/mo rent into $1,071/mo cash flow after a $3,524/mo obligation. Total monthly income equals $6,806/mo, and annual cash flow totals $12,852/yr on $236,880 invested. Return on cash invested prints 25.49% in year one, and rental yield reads 11.34% against a $720,000 entry. Equity gained on principal adds $4,646/yr, while 5% annual appreciation compiles into $198,923 by year five. Five-year ROI reaches 135.05% and total cumulative return in cash sums $319,915. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $6,806/mo property income covering a $3,524/mo payment, not borrower’s personal income.
Condo
Built in 1928
N/A lot
$N/A/sqft
$927 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10010, New York, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,835 (100%) |
| Owner Occupied HU | 4,675 (23.6%) |
| Renter Occupied HU | 12,977 (65.4%) |
| Vacant Housing Units | 2,183 (11.0%) |
| Median Home Value | $1,076,308 |
| Average Home Value | $1,205,915 |
Housing Distribution
Address Breakdown
Residential
19,396
Single Family
111
Multi-Family
19,285
Businesses
2,475
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