22 Irving Pl APT 1ENew YorkNY10003
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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 22 Irving Pl APT 1E, New York, NY, 10003 with 5% annual appreciation on a $669,000 basis while $5,638/mo rent supports operations. Total monthly income totals $5,638/mo and a $3,274/mo payment preserves $1,171/mo for cash returns. Annual cash flow comes to $14,051/yr on $220,101 deployed, and return on cash invested reaches 26.44% in year one. Equity gained on principal adds $4,317/yr, and five-year appreciation sums $184,832 alongside rental yield of 10.11%. Five-year ROI measures 138.49% and total cumulative return in cash totals $304,827.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $5,638/mo property income versus a $3,274/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 1945
N/A lot
$N/A/sqft
No 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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