255 E 49th St APT 4A, New York, NY, 10017 | $714/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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255 E 49th St APT 4A, New York, NY, 10017 | $714/mo Cash Flow | Ziffy

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

Investment property for sale in New York at 255 E 49th St APT 4A, New York, NY, 10017 earns $714/mo cash flow from $7,118/mo rent with a $4,694/mo payment. Total monthly income totals $7,118/mo, and annual cash flow totals $8,565/yr on $315,511 capital. ROI tracks 22.78% on current figures, and rental yield reads 8.91% at a $959,000 purchase. Equity gained on principal adds $6,188/yr, and 5% annual appreciation supports $264,954 over five years. Five-year ROI reaches 118.82% and total cumulative return in cash sums $374,887. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $7,118/mo property income instead of your personal income.

Condo

Built in 1985

N/A lot

$N/A/sqft

No HOA

More details about the property

Quiet, Stylishly Renovated 1BR in Midtown East!!! Discover a peaceful oasis in the heart of Midtown East. This newly renovated 1BR, 1BA home at Sterling Plaza offers a rare combination of quiet comfort, modern upgrades, and unbeatable convenience. - The spacious living room and bedroom create a warm, inviting place to unwind. - The king-size bedroom suite is calm and private, featuring an en-suite bath. - A coveted in-unit washer/dryer adds to the ease of everyday living. At 891 square feet, this oversized one-bedroom is a rare find in Manhattan, featuring abundant closet space to keep your living areas spacious and comfortable. Sterling Plaza is a full-service, 24-hour doorman condominium surrounded by everything you want: Whole Foods, cafs, restaurants, and easy access to the 6, E, and M trains. Grand Central, the UN, and major Midtown offices are just a short distance away. A perfect home base for anyone seeking style, serenity, and seamless city living.

Neighborhood Data

Neighborhood data shown for ZIP Code: 10017, New York, NY area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	13,285 (100%)
Owner Occupied HU	3,713 (27.9%)
Renter Occupied HU	7,419 (55.8%)
Vacant Housing Units	2,153 (16.2%)
Median Home Value	$795,643
Average Home Value	$1,007,195