142 E 16th St APT 10DManhattanNY10003
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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 Manhattan at 142 E 16th St APT 10D, Manhattan, NY, 10003 listed at $692,500 pairs $5,924/mo rent with a $3,389/mo payment. Total monthly income runs $5,924/mo. Return on cash invested measures 15.68% in year one, and rental yield registers 10.27% at a $692,500 basis. Equity gained on principal adds $4,469/yr, and annual property appreciation at 5% supports $191,325 by year five. Five-year ROI tracks 84.88% and total cumulative return in cash totals $193,381. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,924/mo property income relative to a $3,389/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1963
N/A lot
$N/A/sqft
$2,131 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10003, New York, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 32,236 (100%) |
| Owner Occupied HU | 8,911 (27.6%) |
| Renter Occupied HU | 19,242 (59.7%) |
| Vacant Housing Units | 4,083 (12.7%) |
| Median Home Value | $1,114,519 |
| Average Home Value | $1,316,464 |
Housing Distribution
Address Breakdown
Residential
30,451
Single Family
507
Multi-Family
29,944
Businesses
2,754
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