157 E 32nd St APT 12ANew YorkNY10016
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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 157 E 32nd St APT 12A, New York, NY, 10016 listed at $865,000 pairs $7,078/mo rent with a $4,234/mo payment to leave $105/mo cash flow. Total monthly income runs $7,078/mo, and annual cash flow reaches $1,265/yr on $284,585 cash to close. Return on cash invested measures 20.5% in year one, and rental yield registers 9.82% at a $865,000 basis. Equity gained on principal adds $5,582/yr, and annual property appreciation at 5% supports $238,984 by year five. Five-year ROI tracks 108.48% and total cumulative return in cash totals $308,727. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $7,078/mo property income relative to a $4,234/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1988
N/A lot
$N/A/sqft
$1,196 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10016, New York, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 41,052 (100%) |
| Owner Occupied HU | 8,730 (21.3%) |
| Renter Occupied HU | 26,763 (65.2%) |
| Vacant Housing Units | 5,559 (13.5%) |
| Median Home Value | $1,031,364 |
| Average Home Value | $1,209,032 |
Housing Distribution
Address Breakdown
Residential
37,372
Single Family
320
Multi-Family
37,052
Businesses
3,608
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