16 Sutton Pl #2BNew 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 16 Sutton Pl #2B, New York, NY, 10022 at $1,275,000 posts ROI 8.66% with from $4,484/mo rent. Total monthly income equals $4,484/mo. Return on cash invested measures 8.66% and rental yield reads 4.22% at the current $1,275,000. Equity gained on principal adds $8,227/yr, and 5% annual appreciation supports $352,259 by year five. Five-year ROI prints 43.1% and total cumulative return in cash totals $178,046. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,484/mo property income rather than your personal income records (W2s, Paystubs, 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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