153 E 57th St APT 6ANew 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
Investment property for sale in New York at 153 E 57th St APT 6A, New York, NY, 10022 offers a 11.08% rental yield on a $529,000 purchase with $4,884/mo rent. Total monthly income registers $4,884/mo, and a $2,589/mo payment leaves $1,352/mo available for distribution. Annual cash flow reaches $16,219/yr on $174,041 to close, and return on cash invested stands at 29.38% in year one. Equity gained on principal adds $3,414/yr while 5% annual appreciation supports $146,153 over five years. Portfolio math shows five-year ROI at 154.25% and total cumulative return in cash at $268,457. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,884/mo property income against a $2,589/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1960
N/A lot
$N/A/sqft
No 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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