211 E 51st St APT 5B, New York, NY, 10022 | $15/mo Cash Flow

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NMLS #2625701

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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

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Investment Highlights

Rental property for sale in New York at 211 E 51st St APT 5B, New York, NY, 10022 generates $7,813/mo in rent and, after a $4,890/mo payment, leaves $15/mo in cash flow. Total monthly income is $7,813/mo, and annual cash flow is $185/yr on $328,671 invested. Return on cash invested sits at 20.12% in year one, and rental yield is 9.38% on a $999,000 entry. Equity gained on principal adds $6,446/yr, while 5% annual appreciation builds toward $276,005 over five years. Five-year ROI reaches 106.06% and total cumulative return in cash sums $348,578. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $7,813/mo property income rather than buyer’s personal income.

Condo

Built in 1958

N/A lot

$N/A/sqft

$1,126 monthly HOA

More details about the property

Spacious south facing one bedroom one bath home located in a boutique full-service condominium. This apartment is in excellent condition and gets beautiful light. There are floors, marble bath and a chef's kitchen with marble countertops and stainless-steel appliances. The building has a full-time doorman, fitness center, live in super and is well located in the heart of midtown. Live close to all major transportation, shopping, restaurants and more. Pets are allowed, international purchasers welcome.

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