251 E 32nd St #21F, New York, NY, 10016 | Equity Gain $1,607/yr

For Sale

Ziffy Mortgage

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

Total monthly income runs $1,691/mo, and a $1,219/mo payment. Purchase price stands at $249,000, and rental yield measures 8.15% with $1,691/mo rent. Return on cash invested shows -9.15% in year one, and 5% annual appreciation builds toward $68,794 over five years. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,691/mo property income covering a $1,219/mo payment rather than investor’s personal income.

Condo

Built in 1964

N/A lot

$N/A/sqft

$2,027 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