300 E 40th St APT 8H, New York, NY, 10016 | $2,119/mo Cash Flow

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

300 E 40th St APT 8H, New York, NY, 10016 | $2,119/mo Cash Flow | Ziffy

Sold

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

- Bed
1 Bath
- sft

300 E 40th St APT 25A, New York, NY, 10016

1 Bed
1 Bath
- sft

300 E 40th St APT 17D, New York, NY, 10016

1 Bed
1 Bath
- sft

300 E 40th St APT 19N, New York, NY, 10016

1 Bed
1 Bath
- sft

300 E 40th St APT 21G, New York, NY, 10016

Nearby investment properties with comparable prices

Currently Rented+ 1 more

1 Bed
1 Bath
524 sft

155 E 34th St APT 17U, New York, NY, 10016

1 Bed
1 Bath
606 sft

53 Boerum Pl APT 7C, Brooklyn, NY, 11201

4 Bed
3 Bath
- sft

31 Carolynn Rd, Elizabeth, NJ, 07201

7 Bed
3 Bath
- sft

334 Fulton St UNIT 1, Elizabethport, NJ, 07206

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in New York at 300 E 40th St APT 8H, New York, NY, 10016 at $670,000 posts ROI 31.6% with $2,119/mo cash flow from $7,926/mo rent. Total monthly income equals $7,926/mo, and annual cash flow records $25,430/yr on $220,430 to close. Return on cash invested measures 31.6% and rental yield reads 14.2% at the current $670,000. Equity gained on principal adds $4,323/yr, and 5% annual appreciation supports $185,109 by year five. Five-year ROI prints 168.77% and total cumulative return in cash totals $372,029.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $7,926/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).

Apartment

Built in 1967

N/A lot

$N/A/sqft

$1,333 monthly HOA

More details about the property

Brand New To Market! The Churchill Discover this exceptional Jr. 1-bedroom residence boasting river views and bright northeast exposures. The expansive layout features a generous 33-foot living room and a well-sized bedroom, providing versatile space that can easily accommodate a home office or other personalized needs. The open kitchen is equipped with white cabinetry, granite countertops, stainless steel appliances, and a large pantry. A windowed bath is finished with marble tiles. Hardwood floors and abundant closets throughout enhance the overall appeal of this must-see home. The Churchill, a white-glove building, residents enjoy outstanding service and a plethora of amenities. The building offers a 24-hour door staff and concierge, laundry facilities on every floor, a newly renovated fitness center, sauna, residents lounge, and landscaped rooftop decks with incredible views. You can also indulge in outdoor bliss with a rooftop pool, along with additional conveniences like valet service, a bicycle room, and a garage. Situated in a prime location, this residence provides easy access to markets, shopping, dining, Grand Central, and various transportation. The Churchill permits immediate subletting, investors, co-purchasing and pied-a-terre's. There is an assessment of $307.51 per month.

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