136 E 56th St APT 9DNew YorkNY10022
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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 136 E 56th St APT 9D, New York, NY, 10022 priced at $1,175,000 converts $8,324/mo rent into after a $5,751/mo obligation. Total monthly income equals $8,324/mo. Return on cash invested prints 11.25% in year one, and rental yield reads 8.5% against a $1,175,000 entry. Equity gained on principal adds $7,582/yr, while 5% annual appreciation compiles into $324,631 by year five. Five-year ROI reaches 60.83% and total cumulative return in cash sums $231,586. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $8,324/mo property income covering a $5,751/mo payment, not borrower’s personal income.
Condo
Built in 1962
N/A lot
$N/A/sqft
$3,370 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10022, New York, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 27,279 (100%) |
| Owner Occupied HU | 11,002 (40.3%) |
| Renter Occupied HU | 11,015 (40.4%) |
| Vacant Housing Units | 5,262 (19.3%) |
| Median Home Value | $1,223,949 |
| Average Home Value | $1,331,078 |
Housing Distribution
Address Breakdown
Residential
18,774
Single Family
271
Multi-Family
18,503
Businesses
3,725
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